A major Montgomeryville shopping center has changed hands as investors continue targeting well-anchored retail properties. Echo Realty and TPG acquired the 269,000-square-foot Water Tower Square from Goldenberg Group. The final sale price was not disclosed. The property was previously expected to sell for approximately $55 million after reaching the market in May. Water Tower Square… Read more »
Trader Joe’s plans to open its fourth store in Montgomery County this year. The popular grocery chain will open at 224 W. Dekalb Pike in King of Prussia, according to its website. While no exact opening date has been set, the company stated it is “working hard so we can open our doors in 2024.”… Read more »
A new Amazon Fresh grocery store is being planned for the Willow Grove Shopping Center, state filings show, as part of a multimillion-dollar overhaul taking place at the nearly 70-year-old Montgomery County retail complex. Filings show Amazon Retail LLC has applied for a Pennsylvania liquor license to be used at 102 Park Ave., the address… Read more »
