By Paul Schwedelson – Reporter, Philadelphia Business Journal
A 222,500-square-foot shopping center in Havertown with two national anchor tenants has sold for more than $80 million, according to an industry source.
Developer Eureka Ventures traded Quarry Center to Ohio-based Mid-America Management Corp. roughly four months after putting the Delaware County retail property on the market.
The sale price for Quarry Center comes out to more than $360 per square foot.
Buyer Mid-America Management is an investment firm based outside Cleveland with a $1 billion portfolio that includes more than 50 retail, industrial and residential properties.
Quarry Center is co-anchored by a Giant supermarket and a Lowe’s home improvement store, which together make up about 77% of the property’s income. The shopping center was built in 2013 and remains fully occupied by all of its original tenants, including an Xfinity Store, Panera Bread and Chipotle.
The 31-acre property is located at 116 Township Line Road near the intersection of routes 1 and 3.
Full story: https://www.bizjournals.com/philadelphia/news/2025/10/23/quarry-center-sold-lowes-giant-retail.html
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