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247,000-SF Power Retail Center Trades Hands

SOUTH BRUNSWICK, NJ-The year-old Heritage Square Shopping Center is now in the portfolio of a North Jersey-based company.

By Eric Peterson | Updated on March 31, 2008

SOUTH BRUNSWICK, NJ-Heritage Square, a 247,000-sf power retail center, has been sold just a year after its completion. In a deal brokered by Metro Commercial, Pineville Brunswick Development Associates LP, an affiliate of the Valley Forge, PA-based Pineville Properties, has traded the property to an unidentified buyer described only as a Northern New Jersey-based entity.

The seller was represented by Paul Rumley and Kurt Rumley of Metro Commercial’s Mt. Laurel, NJ office. Further details of the transaction, including the sale price, were not released.

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