A Spring Township shopping center was recently sold in a package deal with four other southeastern Pennsylvania plazas.
Spring Towne Center, which is located at Shillington Road and Route 222, was part of a $114.25 million sale that also included shopping centers in Chester and Montgomery counties.
In a press release, JLL Capital Markets said Berwyn, Chester County-based Brandolini Cos. sold them to Lakewood, N.J.-based Paramount Realty, in partnership with Cypress-based Medipower Group. The deal also included $80.5 million of acquisition financing.
JLL’s Philadelphia office marketed the properties on behalf of Brandolini.
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