Updated Oct 28, 2026
Wilder And JP Morgan Asset Management Acquire Retail Shopping Center In Huntingdon Valley For $60M
2010 County Line Road
$60,000,000
$233/SF
Building Size
257,000 SF
Asset Type
Retail
Closing
Oct 27, 2026
About this deal
AI
The Marketplace at Huntingdon Valley is a retail asset located at 2010 County Line Road in Huntingdon Valley, PA. The shopping center, which spans 257,000 square feet, was sold for $60 million. The property is 95% occupied and is grocery-anchored.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $60,000,000
- Square Footage: 257,000
- Price Per Square Foot: $233
- Buyer: Wilder & JP Morgan Asset Management
- Seller: New Century Associates
- Brokers: Ken McEvoy & Bart Delfiner - Equity CRE
The acquisition involved Wilder and investors advised by JP Morgan Asset Management, who will manage the center. Plans for the property include targeted redevelopment and tenant-focused improvements, which may involve reusing the vacant 10,908-square-foot former Rite Aid building.
On the Map
$60,000,000
$233/SF
Retail
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Players
Avenue Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.26%
Cash-on-Cash
-0.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93