Temple University has purchased a shopping center on North Broad Street near its health system campus, with potential plans to add medical offices. The university paid $8.2 million to Overbrook Investment Properties LLC for the 45,290-square-foot retail property, according to property records. The site is fully occupied, except for an 11,447-square-foot former Rite Aid.

Located at 3216-60 N. Broad St., on the southwest corner of Broad and Westmoreland streets, the center sits south of Temple University Hospital and across from the Maurice H. Kornberg School of Dentistry.

Temple Health CEO Michael A. Young stated that the health system is considering offering primary care physician services at the location. If implemented, these services would occupy the former Rite Aid space, while the remaining retail tenants would continue to operate, according to Temple spokesperson Steve Orbanek.

*Article courtesy of Philadelphia Business Journal

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