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Hampshire, MCB Obtain $43 Million Loan for Redevelopment of Philadelphia-Area Shopping Center

Project Will Be Anchored by ShopRite Grocery Store
The ShopRite planned at the Drexeline Town Center will be 72,000 square feet. (JLL)
The ShopRite planned at the Drexeline Town Center will be 72,000 square feet. (JLL)
CoStar News
May 16, 2022 | 8:16 P.M.

Hampshire Cos. and MCB Real Estate have secured $43 million in financing to redevelop a shopping center in the Philadelphia suburbs, adding a large ShopRite supermarket, multifamily housing, a self-storage facility and office space to the site.

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