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Joint Venture Pays Over $114 Million for Grocery-Anchored Retail Portfolio in Greater Philadelphia

Brandolini Cos. Sells Five Suburban Shopping Centers
Marketplace at Westtown in West Chester, Pennsylvania, was one of five shopping centers included in the deal. (JLL)
Marketplace at Westtown in West Chester, Pennsylvania, was one of five shopping centers included in the deal. (JLL)
By Clarice King
CoStar Research
July 9, 2021 | 6:20 P.M.

A joint venture between Paramount Realty and Medipower Group has purchased has purchased five grocery-anchored shopping centers in the greater Philadelphia region for $114.25 million.

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