SOLD
Haverford Properties Acquires Retail Property In Delran For $33M
1320 Fairview Boulevard
Retail
214,896 SF
214,896 SF
Sold 228 days ago
Summary
Sale
NEW JERSEY
Retail
214,896 sqft
Haverford Properties has acquired the 214,896-square-foot Hartford Corners shopping center in Delran, New Jersey for $33 million. The property, located at 1320 Fairview Boulevard, is anchored by ShopRite and boasts a 95% occupancy rate. Additional tenants include Lowe's, Planet Fitness, Five Below, Virtua Health, Five Guys, and Mattress Firm.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $33,000,000
- Market: Delran
- Address: 1320 Fairview Boulevard
- Square Footage: 214,896
- Price per Square Foot: $154
The buyer, Haverford Properties, was represented by Charles Houder. Principal Asset Management acted as the seller, with Pat Halter representing their interests. The deal was brokered by Jim Galbally, Chris Munley, Colin Behr, James Graf, and Patrick Higgins of JLL. The mortgage broker involved in the transaction was Jim Cadranell from JLL.
Players
All
7
Agents
6
Agencies
1
Details
SOLD
IMAGE: Charles Houder, Pat Halter, Jim Galbally, Chris Munley, Colin Behr, James Graf, Patrick Higgins & Jim Cadranell
DATE: 09/17/2023
ADDRESS: 1320 Fairview Boulevard
MARKET: Delran
ASSET TYPE: Retail
BUYER: Haverford Properties - Charles Houder
SELLER: Principal Asset Management - Pat Halter
BROKERS: Jim Galbally, Chris Munley, Colin Behr, James Graf & Patrick Higgins - JLL (@jll)
MORTGAGE BROKER: Jim Cadranell - JLL
SALE PRICE: $33,000,000
SF: 214,896 ~ PPSF: $154
NOTE: Haverford Properties, has purchased the 214,896-square-foot Hartford Corners shopping center in Delran, New Jersey, for $33 million. ShopRite anchors the center, which is 95% occupied and includes tenants like Lowe's, Planet Fitness, Five Below, Virtua Health, Five Guys, and Mattress Firm.View on map
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Address1320 Fairview Boulevard
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