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New York Investor Expands Philadelphia Area Retail Presence With $29.3 Million Acquisition

Clarion Partners Sells Giant-Anchored Shopping Center in Blue Bell, Pennsylvania
The Shops at Blue Bell center is anchored by a Giant grocery store. (CoStar)
The Shops at Blue Bell center is anchored by a Giant grocery store. (CoStar)
By Chris Sangiuliano
CoStar Research
November 15, 2019 | 11:22 AM

New York-based Katz Properties Retail has purchased the Shops at Blue Bell in Blue Bell, Pennsylvania, from Clarion Partners for $29.35 million, or about $283 per square foot.

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News | New York Investor Expands Philadelphia Area Retail Presence With $29.3 Million Acquisition