{"id":1004168908,"date":"2017-03-10T07:53:40","date_gmt":"2017-03-10T15:53:40","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004168908"},"modified":"2022-12-08T22:06:02","modified_gmt":"2022-12-09T06:06:02","slug":"hff-closes-sale-of-151-ksf-retail-center-near-philly","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/hff-closes-sale-of-151-ksf-retail-center-near-philly\/","title":{"rendered":"HFF Closes Sale of 151 KSF Retail Center near Philly"},"content":{"rendered":"

By Ariela Moraru<\/em><\/p>\n

\"MacArthur<\/a>

MacArthur Towne Center, Whitehall<\/p><\/div>\n

Philadelphia<\/strong>\u2014HFF has closed the sale of MacArthur Towne Centre, a 151,418-square-foot retail center located at 2524-2590 MacArthur Road in Whitehall, Pa. According to Lehigh County property records, the 94.5 percent-leased property was purchased by ARD MacArthur LLC, an affiliate of Abrams Realty & Development, for $14.3 million.<\/p>\n

HFF Managing Director Chris Munley, Associate Director Michael DiCosimo and Senior Managing Director Jose Cruz represented the seller, Kimco Realty-affiliate Kimschott Whitehall LP. The firm purchased the property from Kmart for $17 million back in November 2005, according to property records.<\/p>\n

\u201cThe Lehigh Valley is a strong consumer market, which is reflected by consecutive years of job growth and strong medical and industrial sectors,\u201d Munley said in prepared remarks.\u00a0 \u201cMacArthur Towne Centre drew a large audience of investors due to its strategic location and long-term value prospects.\u201d<\/p>\n

The center is located approximately three miles from Allentown in the MacArthur Road retail corridor with around 44,000 vehicles passing by per day. MacArthur Towne Centre is anchored by Jo-Ann Fabrics and Craft, American Signature Furniture and 2nd & Charles, who account for more than 65 percent of the square footage. The shopping center is also home to Party City, David\u2019s Bridal, Aaron\u2019s, H&R Block, T-Mobile and more.<\/p>\n

Image courtesy of HFF<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

The 94.5 percent-leased property was purchased by ARD MacArthur LLC, an affiliate of Abrams Realty & Development, for $14.3 million.<\/p>\n","protected":false},"author":960,"featured_media":1004506152,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21783,21742,10,1494,21749],"tags":[34376,32792],"class_list":["post-1004168908","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-investment","category-latest","category-northeast","category-philadelphia","category-retail","tag-abrams-realty-development","tag-hff"],"acf":[],"yoast_head":"\nHFF Closes Sale of 151 KSF Retail Center near Philly - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/hff-closes-sale-of-151-ksf-retail-center-near-philly\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"HFF Closes Sale of 151 KSF Retail Center near Philly\" \/>\n<meta property=\"og:description\" content=\"The 94.5 percent-leased property was purchased by ARD MacArthur LLC, an affiliate of Abrams Realty & Development, for $14.3 million.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/hff-closes-sale-of-151-ksf-retail-center-near-philly\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2017-03-10T15:53:40+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-09T06:06:02+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/MacArthur-Towne-Center-Whitehall.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2048\" \/>\n\t<meta property=\"og:image:height\" content=\"1152\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Ariela Moraru\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/hff-closes-sale-of-151-ksf-retail-center-near-philly\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/hff-closes-sale-of-151-ksf-retail-center-near-philly\/\",\"name\":\"HFF Closes Sale of 151 KSF Retail Center near Philly - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/hff-closes-sale-of-151-ksf-retail-center-near-philly\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/hff-closes-sale-of-151-ksf-retail-center-near-philly\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/MacArthur-Towne-Center-Whitehall.jpg\",\"datePublished\":\"2017-03-10T15:53:40+00:00\",\"dateModified\":\"2022-12-09T06:06:02+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/411d261c513cee4c8ccbfb27f5380e0b\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/hff-closes-sale-of-151-ksf-retail-center-near-philly\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/hff-closes-sale-of-151-ksf-retail-center-near-philly\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/hff-closes-sale-of-151-ksf-retail-center-near-philly\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/MacArthur-Towne-Center-Whitehall.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/MacArthur-Towne-Center-Whitehall.jpg\",\"width\":2048,\"height\":1152},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/hff-closes-sale-of-151-ksf-retail-center-near-philly\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"HFF Closes Sale of 151 KSF Retail Center near Philly\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/411d261c513cee4c8ccbfb27f5380e0b\",\"name\":\"Ariela Moraru\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/50a2863a38369b06ef902c16d4a7c3bf3ce567e81cfabaff06b53b4bf311e954?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/50a2863a38369b06ef902c16d4a7c3bf3ce567e81cfabaff06b53b4bf311e954?s=96&d=mm&r=g\",\"caption\":\"Ariela Moraru\"},\"url\":\"https:\/\/www.commercialsearch.com\/news\/author\/arielamoraru\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"HFF Closes Sale of 151 KSF Retail Center near Philly - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/hff-closes-sale-of-151-ksf-retail-center-near-philly\/","og_locale":"en_US","og_type":"article","og_title":"HFF Closes Sale of 151 KSF Retail Center near Philly","og_description":"The 94.5 percent-leased property was purchased by ARD MacArthur LLC, an affiliate of Abrams Realty & Development, for $14.3 million.","og_url":"https:\/\/www.commercialsearch.com\/news\/hff-closes-sale-of-151-ksf-retail-center-near-philly\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2017-03-10T15:53:40+00:00","article_modified_time":"2022-12-09T06:06:02+00:00","og_image":[{"width":2048,"height":1152,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/MacArthur-Towne-Center-Whitehall.jpg","type":"image\/jpeg"}],"author":"Ariela Moraru","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/hff-closes-sale-of-151-ksf-retail-center-near-philly\/","url":"https:\/\/www.commercialsearch.com\/news\/hff-closes-sale-of-151-ksf-retail-center-near-philly\/","name":"HFF Closes Sale of 151 KSF Retail Center near Philly - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/hff-closes-sale-of-151-ksf-retail-center-near-philly\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/hff-closes-sale-of-151-ksf-retail-center-near-philly\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/MacArthur-Towne-Center-Whitehall.jpg","datePublished":"2017-03-10T15:53:40+00:00","dateModified":"2022-12-09T06:06:02+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/411d261c513cee4c8ccbfb27f5380e0b"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/hff-closes-sale-of-151-ksf-retail-center-near-philly\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/hff-closes-sale-of-151-ksf-retail-center-near-philly\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/hff-closes-sale-of-151-ksf-retail-center-near-philly\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/MacArthur-Towne-Center-Whitehall.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/MacArthur-Towne-Center-Whitehall.jpg","width":2048,"height":1152},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/hff-closes-sale-of-151-ksf-retail-center-near-philly\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"HFF Closes Sale of 151 KSF Retail Center near Philly"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/411d261c513cee4c8ccbfb27f5380e0b","name":"Ariela Moraru","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/50a2863a38369b06ef902c16d4a7c3bf3ce567e81cfabaff06b53b4bf311e954?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/50a2863a38369b06ef902c16d4a7c3bf3ce567e81cfabaff06b53b4bf311e954?s=96&d=mm&r=g","caption":"Ariela Moraru"},"url":"https:\/\/www.commercialsearch.com\/news\/author\/arielamoraru\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/MacArthur-Towne-Center-Whitehall.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004168908","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/960"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004168908"}],"version-history":[{"count":2,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004168908\/revisions"}],"predecessor-version":[{"id":1004614077,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004168908\/revisions\/1004614077"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004506152"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004168908"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004168908"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004168908"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}