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Joint Venture Buys Whole Foods-Anchored Shopping Center Near Center City, Philadelphia

Baederwood Shoppes on the Fairway Trades for $43.3 Million
Baederwood Shoppes on the Fairway in Abington, Pennsylvania, is anchored by Whole Foods. (JLL)
Baederwood Shoppes on the Fairway in Abington, Pennsylvania, is anchored by Whole Foods. (JLL)
By Dana Williams
CoStar Research
January 16, 2020 | 3:43 P.M.

A joint venture between Charter Realty & Development Corp. and an open-end institutional fund sponsored by Inland Institutional Capital has purchased Baederwood Shoppes on the Fairway in Abington, Pennsylvania, for $43.3 million, or about $371 per square foot.

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IN THIS ARTICLE


  • Properties
    • Bldg A

      1637 The Fairway, Jenkintown, PA