News

North Coventry shopping center sold for $27 million

Published Friday, May 2, 2025

Suburbia Shopping Center, a 154,000-square-foot retail property in North Coventry Township, has been sold. The shopping center, located at Glocker Way and Pottstown Pike (Route 100), has been sold by Gambone Management Co., which was represented during the sale by JLL Capital Markets. It was purchased by a High Real Estate Group affiliate earlier this month. Chester County property records show the property was sold for $27.2 million. Built in 2003, Suburbia Shopping Center spans 25.6 acres and is currently 85% leased, according to a press release. The center is anchored by Giant, with other tenants including Dollar Tree, Starbucks, a UPS Store and Tower Health.
Source: The Mercury; 4/29/2025