A shopping center in the Philadelphia suburbs has sold for $162 million as investors continue to prize retail sites that are anchored by grocery stores.
Wegmans-Anchored Shopping Center Outside Philadelphia Trades for $161 Million
Investor Demand Remains Strong for the Property Type
By Linda Moss
CoStar News
February 18, 2022 | 11:29 P.M.
RELATED ARTICLES
This news story is available exclusively to CoStar subscribers.
Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
This news story is available exclusively to CoStar subscribers.
Ready to Learn More?
Sign Up For a Personalized Demo.
Sign Up For a Demo To Learn More.
Already A Subscriber? Sign In
IN THIS ARTICLE
- Properties
- Shops at Paoli Town Center
2 Lancaster Ave, Paoli, PA
- 7200 Wisconsin
7200 Wisconsin Ave, Bethesda, MD
- Companies
- Finmarc Management, Inc.
Real Estate
- Brandolini Companies
Construction