JLL arranges record-setting sale of Wegmans-shadow-anchored shopping center in Bucks County, Pennsylvania
United States, Oct. 13 -- JLL Capital Markets announced today that it has completed the sale of Prickett Preserve, a 56,252-square-foot Wegmans-shadow anchored shopping center located at 930 Stony Hill Road in Yardley, Pennsylvania. Prickett Preserve holds the highest price per square foot for any shopping center deal ever sold in the Philadelphia MSA.JLL represented the sellers, DeLuca Homes and Envision Land Use, in the transaction. L&B Realty Advisors LLP acquired the asset.Completed between 2023 and 2024, Prickett Preserve is a 99%-leased neighborhood shopping center situated on 22.6 acres in Lower Makefield Township. Shadow anchored by a high-performing 90,427-square-foot Wegmans grocery store, the center features a complementary mix o...
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