Cedar Shopping Centers grows in Pennsylvania

Anchor tenant holds long-term lease

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Cedar Shopping Centers completed the purchase of the 109,844-square-foot Pennsboro Commons Shopping Center in Enola, Pa. The value of the transaction was approximately $17.8 million. A 66,224-square-foot Giant Supermarket, whose lease extends to 2019, anchors the Pennsboro Shopping Center. Cedar Shopping Centers Inc. is a self-managed real estate investment trust focused on supermarket-anchored shopping centers and drug store-anchored convenience centers. *** What's your opinion? Send your Letter to the Editor to opinion@inman.com....