November 25, 2024 – We are pleased to announce our acquisition of Cedar Hill Shopping Center, a 16,891 square foot, two-building Essential Service Retail Property in the Philadelphia MSA. The Property is located along route 73, with direct visibility to 42,000 vehicles per day and is strategically located across the street from a major hospital and within a major retail node with Lowe’s, BJ’s and Aldi at the same signalized intersection.
The Property is currently 100% occupied to several national, experienced operators such as Starbucks, Orange Theory, UPS, Great Clips, Vitamin Shoppe, and AT&T. This investment aligns with our strategy to target unanchored, high quality Essential Service Retail centers in strong demographic submarkets. Cedar Hill Shopping Center is CenterSquare’s 50th Service Property acquisition nationally and first in the Philadelphia MSA.
