WARRINGTON, PA – Partners, Lamar Cos. and Real Capital Solutions have acquired six shopping centers in the past five months, totaling more than $165 million.
Most recently, in April 2022, the companies purchased the 293,550-square-foot lifestyle center, The Shops at Valley Square, in the Philadelphia suburb of Warrington, PA. The class A mixed-use lifestyle center features retail, office and multifamily space across nine free-standing buildings. The asset features a centrally-located courtyard area with a pavilion/gazebo, firepit area and seating areas, and offers a "main street" experience for consumers.
The Shops at Valley Square is shadow-anchored by Wegmans and is occupied by a mix of tenants, including retailers, Ulta Beauty, DSW, Banana Republic and Eastern Mountain Sports, and restaurants, PF Chang's, Playa Bowls, Panera Bread, Turning Point, Gran Rodeo Mexican Grill, Great Barn Taphouse and Ardana.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Ingrid Tunberg
Ingrid Tunberg sits on the editorial team as a coordinator and reporter for Real Estate Forum and GlobeSt.com. She is responsible for writing stories, assisting with industry awards and marketing nomination events. Previously, Ingrid worked as a copywriter across various industries throughout New York City and Chicago.
