
ShopOne Expands Portfolio with Two Key Acquisitions in Pennsylvania
Key Highlights:
- ShopOne, Pantheon, and a global investor acquire Goodnoe’s Corner (Newtown, PA) and Village Center (Bensalem, PA).
- Village Center is an 87,705 SF, ACME-anchored retail hub in Bensalem, strategically positioned near major commuter routes.
- Goodnoe’s Corner is a fully leased, 34,660 SF shopping center in Newtown, serving an affluent customer base.
- The acquisitions bring the JV portfolio to 20 shopping centers spanning over 2.0 million SF.
- ShopOne continues its strategy of investing in grocery-anchored and convenience-focused retail centers in key markets.
Source: Business Wire
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