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August 21, 2019  

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RETAILProperty: Centre Square Commons, 930 Dekalb Pike, Blue Bell, Pa.Size: 89,000 sf, 19 acres, 96% leasedEstimated Value: $42 million, Yield: 5.75%Owner: Kinsley Properties, CharlotteBroker: Marcus & MillichapColor: Shopping center anchored by grocer Aldi (22,000 sf). Weighted average remaining lease term is 9.2 years. Built in 2017 at corner of Routes 73 and 202, 18 miles north of Philadelphia. Some 38,000 cars pass daily. Household incomes...


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