Thursday, December 22, 2016

Invesco Sells 215,000-SF Hartford Corners in NJ for $35M

Invesco Advisors, Inc. sold the Hartford Corners shopping center at 1310-1361 Fairview Blvd. in Delran, NJ to Principal Real Estate Investors LLC and Levin Management Corporation for $35.1 million, or roughly $163 per square foot.

The 214,841-square-foot, grocery-anchored retail property was constructed in 2003 on 9.9 acres in the North Burlington County submarket of Philadelphia. The center is anchored by Shop-Rite, Planet Fitness and Staples.

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