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CenterSquare buys Philadelphia-area retail center from Metro Development for $15.3 million

CBRE and US Realty Associates arrange sale of Warrington's Valley Gate
The Valley Gate retail center in Warrington, Pennsylvania, traded hands in a recent investment sale. (CoStar)
The Valley Gate retail center in Warrington, Pennsylvania, traded hands in a recent investment sale. (CoStar)
By Rachel Whaley with
CoStar Research
March 13, 2026 | 7:24 P.M.

CenterSquare Investment Management, a Plymouth Meeting, Pennsylvania-based real estate investment manager that invests in real estate on behalf of its investor clients, purchased Valley Gate, a small infill retail center in Warrington, Pennsylvania, from Metro Development Co for $15.3 million, or $474.54 per square foot.

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News | CenterSquare buys Philadelphia-area retail center from Metro Development for $15.3 million