{"id":1004679390,"date":"2023-09-11T11:29:45","date_gmt":"2023-09-11T19:29:45","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004679390"},"modified":"2023-09-11T11:29:47","modified_gmt":"2023-09-11T19:29:47","slug":"haverford-properties-buys-215-ksf-retail-center","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/haverford-properties-buys-215-ksf-retail-center\/","title":{"rendered":"Haverford Properties Buys 215 KSF Retail Center"},"content":{"rendered":"
\"Hartford<\/a>

Hartford Corners is 95 percent occupied. Image courtesy of JLL<\/em><\/p><\/div>\n

Haverford Properties Inc.<\/strong> has acquired Hartford Corners, a 214,896-square-foot retail center in Delran, N.J. JLL<\/strong> worked on behalf of the seller, Principal Asset Management<\/strong>, and secured financing for the buyer. According to CommercialEdge, the property last traded in 2016.<\/p>\n

Located at 1330 Fairview Blvd., on 9.8 acres, Hartford Corners is 95 percent occupied. ShopRite, the property’s anchor tenant, has a tenure of 19.5 years, with 5.5 years remaining. Built in 2003, the center features a WALT of 4.1 years and a weighted average tenure of 13.8 years. Other tenants include Planet Fitness, Five Below, Virtua Health, Five Guys and Mattress Firm. Additionally, the property is shadow-anchored by Lowes.<\/p>\n

Grocery-anchored shopping centers<\/a> continue to drive the most demand among other retail asset classes, JLL\u2019s Managing Director Colin Behr commented in prepared remarks. JLL\u2019s Behr together with Senior Managing Directors Jim Galbally and Christopher Munley, Director James Graf and Associate Patrick Higgins were part of the team that represented the seller, while Managing Director Jim Cadranell led the JLL Retail Capital Markets Debt advisory team.<\/p>\n","protected":false},"excerpt":{"rendered":"

Hartford Corners in suburban Philadelphia is 95 percent occupied.<\/p>\n","protected":false},"author":436,"featured_media":1004679392,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21783,11,21742,1494,21749],"tags":[32796],"class_list":["post-1004679390","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investment","category-midatlantic","category-latest","category-philadelphia","category-retail","tag-jll"],"acf":[],"yoast_head":"\nHaverford Properties Buys 215 KSF Retail Center - Commercial Property Executive<\/title>\n<meta name=\"description\" content=\"Hartford Corners, a 214,896-square-foot retail center in suburban Philadelphia was last acquired in 2016 by Principal Asset Management.\" \/>\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\/haverford-properties-buys-215-ksf-retail-center\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Haverford Properties Buys 215 KSF Retail Center\" \/>\n<meta property=\"og:description\" content=\"Hartford Corners, a 214,896-square-foot retail center in suburban Philadelphia was last acquired in 2016 by Principal Asset Management.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/haverford-properties-buys-215-ksf-retail-center\/\" \/>\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=\"2023-09-11T19:29:45+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-09-11T19:29:47+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/09\/Hartford-Corners-is-95-percent-occupied.-Image-courtesy-of-JLL-1.png\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"620\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Adina Rogoz\" \/>\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\/haverford-properties-buys-215-ksf-retail-center\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/haverford-properties-buys-215-ksf-retail-center\/\",\"name\":\"Haverford Properties Buys 215 KSF Retail Center - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/haverford-properties-buys-215-ksf-retail-center\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/haverford-properties-buys-215-ksf-retail-center\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/09\/Hartford-Corners-is-95-percent-occupied.-Image-courtesy-of-JLL-1.png\",\"datePublished\":\"2023-09-11T19:29:45+00:00\",\"dateModified\":\"2023-09-11T19:29:47+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/1e376ba4add70694b922380ddbe946d8\"},\"description\":\"Hartford Corners, a 214,896-square-foot retail center in suburban Philadelphia was last acquired in 2016 by Principal Asset Management.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/haverford-properties-buys-215-ksf-retail-center\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/haverford-properties-buys-215-ksf-retail-center\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/haverford-properties-buys-215-ksf-retail-center\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/09\/Hartford-Corners-is-95-percent-occupied.-Image-courtesy-of-JLL-1.png\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/09\/Hartford-Corners-is-95-percent-occupied.-Image-courtesy-of-JLL-1.png\",\"width\":800,\"height\":620,\"caption\":\"Hartford Corners is 95 percent occupied. 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