Heritage Property Investment Trust purchased Colonial Commons Shopping Center, a 498,000-square-foot retail property located in Harrisburg, Pa.
The value of the transaction was approximately $63 million.
Colonial Commons is situated on approximately 37 acres and is located at the intersection of Route 22 and Devonshire Road.
The center was 93 percent leased at the time of sale with a tenant roster that includes Giant Food Stores, Dick’s Sporting Goods, Linens & Things, Ross Dress for Less and Marshalls.
Boston-based Heritage is a fully integrated, self-administered and self-managed real estate investment trust.
***
What’s your opinion? Send your Letter to the Editor to newsroom@inman.com.
You have {{data.cm.viewsLeft}} articles left this month.
This content is available to Inman Select subscribers.
Please select an option below.
Please register to access this content.
To continue viewing the content you love, please sign in or create a new account
You have used all of your free pageviews.
Please subscribe to access more content.
Access denied!