Wharton Realty Group has made two retail acquisitions, buying Deptford Landing, a power center in Deptford, New Jersey, and Exeter Commons, a grocery-anchored center in Reading, in separate transactions that settled at roughly $70 million each.
The two retail centers were sold by ShopCore Properties, which is a division of Blackstone Group. They properties add to Eatontown, New Jersey-based Wharton’s growing Philadelphia-area holdings, including Glenolden Plaza and One & Olney Square.
*Article courtesy of Philadelphia Business Journal
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