Haverford Properties Purchased South Jersey Shopping Center for $33M

Haverford Properties pays $33M for South Jersey shopping center

Bryn Mawr-based Haverford Properties bought the 214,896-square-foot Hartford Corners shopping center in Delran, New Jersey, shifting ownership to a local firm from Kansas City, Missouri-based Principal Asset Management.

Haverford Properties paid $33 million, according to sources familiar with the deal.

The shopping center is at 1320 Fairview Blvd., at the intersection of Burlington Pike and South Fairview Street. It’s anchored by ShopRite, which has been at the location for the past 19.5 years and has 5.5 years remaining on its lease. Lowe’s, Planet Fitness, Five Below, Virtua Health, Five Guys and Mattress Firm are also tenants at the property.

*Article courtesy of Philadelphia Business Journal

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