KPR buys Shops at Blue Bell for $29.35m

KPR buys Shops at Blue Bell for $29.35m

Published at: 2019-11-21 17:09 | Author: CIJ USA
KPR, formerly known as Katz Properties, has purchased the Shops at Blue Bell retail center in a $29.35m deal. The property is situated on an 11.54-acre site in the suburban Philadelphia community of Blue Bell. Anchored by a Giant grocery store, the 103,580 sq ft plaza changed hands for just over $283 per sq ft. It is currently 98 percent leased. Tenants include Santander, True Value, IHOP, Supercuts and GNC.

Similar Stories:

Safehold acquires ground lease at 425 Park Avenue in New York City
Safehold has completed the purchase of the existing ground lease at 425 Park Avenue in New  »
Riverstone Capital buys West Palm Beach for $19.6m
Riverstone Capital Group has acquired a retail center anchored by a Walmart Neighborhood M  »
Continental Realty buys Mango Plaza for $12.5m
Continental Realty Corporation has purchased Mango Plaza, a 166,465 sq ft shopping center  »
Hampshire wins refinancing for Veterans Square Center in NJ
The Hampshire Companies has secured a $32m loan to refinance the Veterans Square Town Cent  »
“It has finally reached the point where it is the fair-haired child of commercial real e   »
The only new enclosed mall on course to open in Florida is The Mall at University Town Cen   »
As Florida pushes ahead of New York to become the third most populous state in the country   »