Friday, October 3, 2014

Shippensburg Marketplace Sells for $12M

ACL Realty Corporation sold the Shippensburg Marketplace at 397 Baltimore Rd. in Shippensburg, PA for $12 million, or about $211 per square foot, to ARC Properties.

The 56,875-square-foot retail center was built in 2002 on 10.3 acres in Cumberland County. The center is 94 percent leased, anchored by Giant Food and Sovereign Bank.

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