CenterSquare Investment Management is pushing into neighborhood retail with the purchase of a Warrington shopping center, writes Paul Schwedelson for The Philadelphia Business Journal.
The Conshohocken company acquired the Valley Gate shopping center for $15.5 million, according to industry sources. The 32,200-square-foot property sits along Easton Road near Route 611, about four miles north of the Pennsylvania Turnpike, placing it in a high-traffic commercial corridor.
Built in 2015, the center is home to a lineup of nationally recognized tenants including Sport Clips, T-Mobile, Visionworks, Crumbl Cookies, and Buffalo Wild Wings. The development features two buildings positioned on either side of Metro Drive and serves as a convenient retail hub for the surrounding residential community.
The Warrington deal also continues a rapid acquisition streak for the Montgomery County firm. CenterSquare previously announced plans to acquire 30 to 40 retail properties within two years, with more than $300 million earmarked for shopping center investments.
The company currently owns 58 retail properties across 21 markets, representing about 1.9 million square feet of space nationwide.
To learn more about the transaction and CenterSquare’s retail strategy, visit The Philadelphia Business Journal.
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Editor’s Note: This post was originally published on MONTCO.Today in March 2026.
