Suburbia Shopping Center trades hands
United States, April 22 -- JLL Capital Markets announced that it has arranged the sale of Suburbia Shopping Center, a 154,219-square-foot retail property in Pottstown, Chester County, Pennsylvania.JLL represented the seller, Gambone Management Co. The buyer was an affiliate of High Real Estate Group.Suburbia Shopping Center, located at 80 Glocker Wy., offers excellent visibility and accessibility along the highly trafficked Pottstown Pike with direct connectivity to Rte-422, which sees over 56,000 vehicles per day. The center serves a population of 67,071 within a five-mile radius, with an average household income of $110,038.Built in 2003, Suburbia Shopping Center spans 25.6 acres and is currently 85% leased. The center is anchored by Gian...
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