Warminster Plaza, Street and York Roads, Warminster, PA
WARMINSTER, PA—Warminster Plaza, a 128,544-square-foot shopping center in the Philadelphia-area community of Warminster, PA, has been acquired by PB Warminster Plaza, an affiliate of Jenkintown-based Pintzuk Brown, a private investor that also owns student housing and apartment properties.
A Holliday Fenoglio Fowler team led by managing director Chris Munley and director Michael DiCosimo marketed the property on behalf of the seller, Liberty Bell Capital III. The sale price was not disclosed.
“Investor demand for infill community and neighborhood shopping centers such as Warminster Plaza remains strong,” Munley says. “Retail assets offer competitive risk-adjusted returns in today's commercial real estate climate, and more capital is entering the space as we continue to see improving retail fundamentals in occupancy levels, rental rates and tenant demand.”
Warminster Plaza is situated at the intersection of Street and York Roads, which have a combined traffic count of 70,000 vehicles per day. The retail center also has immediate access to the Pennsylvania Turnpike (Route 276) and is approximately 27 miles from Center City Philadelphia. More than 78,300 residents earning an average annual household income of $87,393 live within a three-mile radius of the center. Warminster Plaza is home to SMG SportsPlex at Warminster, AAA, Lee's Hoagie House, YMCA of Buck's County, Kid's First Swim Schools, Pearle Vision Center and Grand Buffett.
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© 2025 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.
Steve Lubetkin
Steve Lubetkin is the New Jersey and Philadelphia editor for GlobeSt.com. He is currently filling in covering Chicago and Midwest markets until a new permanent editor is named. He previously filled in covering Atlanta. Steve’s journalism background includes print and broadcast reporting for NJ news organizations. His audio and video work for GlobeSt.com has been honored by the Garden State Journalists Association, and he has also been recognized for video by the New Jersey Chapter of the Society of Professional Journalists. He has produced audio podcasts on CRE topics for the NAR Commercial Division and the CCIM Institute. Steve has also served (from August 2017 to March 2018) as national broadcast news correspondent for CEOReport.com, a news website focused on practical advice for senior executives in small- and medium-sized companies. Steve also reports on-camera and covers conferences for NJSpotlight.com, a public policy news coverage website focused on New Jersey government and industry; and for clients of StateBroadcastNews.com, a division of The Lubetkin Media Companies LLC. Steve has been the computer columnist for the Jewish Community Voice of Southern New Jersey, since 1996. Steve is co-author, with Toronto-based podcasting pioneer Donna Papacosta, of the book, The Business of Podcasting: How to Take Your Podcasting Passion from the Personal to the Professional. You can email Steve at [email protected].
