A grocery-anchored shopping center in Bucks County, Feasterville Plaza, has sold for $18.5 million, 8% less than its 2011 sale price, according to property records. The 110,000-square-foot center at 1045 Bustleton Pike in Feasterville was purchased by an entity owned by Nandish Patel, founder of Phoenix Nexus Enterprises. The previous owner, FTP Feasterville Plaza LP,… Read more »
Posts Tagged: Bucks County
TD Bank is Closing More Branches
TD Bank, the U.S. subsidiary of Toronto’s TD Bank Group (NYSE: TD) based in Cherry Hill, plans to close 20 additional branches, including one in Bucks County, as part of its strategy to build the “bank of the future.” This filing with the Office of the Comptroller of the Currency brings TD’s total closures this… Read more »
Neshaminy Mall with Vacant Spaces Hits the Market, Posing Redevelopment Potential
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 »
Bucks County’s Shops at Valley Square sells for $60M
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 »
Bucks County shopping center, Wawa-anchored property in South Jersey sell in separate deals
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 »
Amazon opens first Pennsylvania grocery store in Bucks County
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 on Hiring Spree to Open First Amazon Fresh Grocery Store in Bucks County
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 »