Thursday, January 2, 2014

Por. Winslow Plaza Sold for $6.6M

Wheeler Real Estate has acquired a portion of the Winslow Plaza Shopping Center at 542 Berlin Cross Keys Rd. in Sicklerville, NJ from RPC Real Estate LLC for $6.61 million, or about $162 per square foot. 

The 40,695-square-foot building was 91 percent occupied at the time of sale, part of the 109,018-square-foot shopping center. ShopRite, not included in the sale, is the premier anchor at this shopping center with 16 other retail stores. The transaction marks Wheeler's entry into New Jersey. 

www.omegare.com

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