Bensalem Economic Development Corp. announced Paramount Realty will purchase the Neshaminy Mall. Opened in the late 1960s, the Neshaminy Mall was a popular shopping destination. Current owner Brookfield Properties put the 1-million-square-foot mall up for sale last February — “as is.” No purchase price was given, nor were Paramount’s plans for the mall disclosed. Paramount Realty owns several shopping centers in Bucks County, including the Marketplace at Neshaminy, the Lincoln Plaza Shopping Center in Middletown, and the recently acquired old Woodhaven Mall site at the Philadelphia/Bensalem border.
Source: Bucks County Courier Times; 6/18/2024