ShopOne Centers REIT, in collaboration with its joint venture partners Pantheon and a leading global institutional investor, announces the acquisition of two open-air retail shopping centers in Pennsylvania: Goodnoe’s Corner in Newtown, Penn., and Village Center in Bensalem, Penn.
“We are excited to expand our presence in the Philadelphia market with these high-quality assets,” said Chris Reed, CEO at ShopOne. “These acquisitions align with our strategy of investing in well-located, grocery-anchored and convenience-oriented centers that serve as essential retail destinations within their communities.”
Village Center, anchored by ACME, spans 87,705 square feet and is strategically positioned along major commuter routes in Bensalem, Penn., within Bucks County and the Philadelphia MSA. With prominent tenants like ACME and Wells Fargo, Village Center has proven to be a resilient, long-term asset for the community. Located less than five miles from Philadelphia, t
