The Neshaminy Mall, with Vacancies, Hits the Market Amidst Declining Mall Values and Growing Interest in Redevelopment Opportunities. The Neshaminy Mall, a sprawling 1 million-square-foot property owned by Brookfield Properties, has been listed for sale, signaling a pivotal moment for malls grappling with decreasing foot traffic and changing consumer preferences. Industry insiders suggest the property… Read more »
Lamar Cos., a New Jersey real estate company, has paid a bargain price of $60 million to buy the Shops at Valley Square, a 293,550-square-foot mixed-use lifestyle center in Warrington that is 70% occupied. The last time the property traded was in 2016 when a partnership involving Poag Shopping Centers of Memphis, Tennessee, and a real estate… Read more »
Two area shopping centers, one anchored by a Wawa and the other shadow anchored by a Home Depot, have traded. Valley Forge Investment Corp. sold Warrington Plaza, an 87,581-square-foot retail center at Easton and Street roads in Warrington, for $22.5 million. Realty Resource Capital bought the center that counts Avalon Floor & Tile as a… Read more »
The first Amazon Fresh store in Pennsylvania has opened at the Creekview Center in Warrington as others are in the works for the region. The Bucks County store at 389 Easton Road totals 35,000 square feet and nearly backfills a 49,000-square-foot space vacated by Giant. Amazon.com Inc. declined to specify how many full and part-time… Read more »
Amazon.com Inc. is preparing to open its first Amazon Fresh grocery store in the region at Creekview Center off Easton Road in Warrington. The store will be housed in roughly 35,000 square feet of 49,000 square feet of a former Giant. The Seattle company is hiring “hundreds of employees” in full and part-time positions at… Read more »
