PHILADELPHIA—ECHO Realty has purchased a portfolio of three grocery-anchored shopping centers in metropolitan Philadelphia. The centers include GIANT Marketplace at Bensalem, Media Shopping Center, and Lionville Station.
“We began to work with the Shooster family several years ago and are very pleased that we are finally acquiring these centers,” says Drew Gorman, Echo's senior vice president of acquisitions and development. “The centers are well located, time-tested properties that also provide an opportunity for enhanced value.”
GIANT Marketplace at Bensalem is an 88,500 square foot GIANT-anchored center located at the intersection of Street Road and Mechanicsville Road in Bensalem, PA.
Continue Reading for Free
Register and gain access to:
- 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
© 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.