Wheeler REIT purchases New Jersey shopping center

Jessica Sabbath //December 20, 2013//

Jessica Sabbath// December 20, 2013//

Listen to this article

Virginia Beach-based Wheeler Real Estate Investment Trust Inc. has purchased a 40,695-square-foot shopping center in Sicklerville, N.J.

Wheeler bought the property for $6.6 million, or $162 per leasable square foot. The acquisition expands Wheeler’s geographic footprint into New Jersey.

Winslow Plaza was built in 1990 and was renovated in 2009. It is 91 percent leased and is occupied by 16 retail and restaurant tenants. It is anchored by King’s Liquor Outlet and shadow-anchored by Shoprite Supermarket.

-

Related Content

L to R: Stephen Meadows, Rick West, Dorcas Helfant-Browning and Steve DuBrueler. Photo courtesy Coldwell Banker Premier.

Coldwell Banker Premier acquires Hampton Roads Coldwell affiliate

Winchester-based Coldwell Banker Premier has acquired Virginia Beach-based Coldwell Banker Now, merging into [...]

November 22, 2024

USS Wasp in Norfolk Ship Repair in June 2021. Photo courtesy BAE Systems.

BAE Systems lands $202M in Navy ship repair contracts

Falls Church-based BAE Systems Inc.’s Norfolk Ship Repair unit has received two U.S. Navy contracts worth a[...]

November 21, 2024

Armada Hoffler’s next CEO to assume role Jan. 1

Shawn Tibbetts, Armada Hoffler Properties’ president, chief operating officer and CEO designate, will becom[...]

November 19, 2024

Smithfield Foods to pay $2M to settle child labor claims

A subsidiary of Virginia-based Smithfield Foods has agreed to pay $2 million to settle allegations it hired c[...]

November 15, 2024

If Trump cuts federal workforce, Warner predicts ‘disaster’ for Va.

U.S. Sen. Mark Warner said Thursday he hopes President-elect Donald Trump won’t pursue massive cuts and[...]

November 7, 2024

Boykin retiring as NNS president; Wilkinson named as successor

Jennifer Boykin, the president of Newport News Shipbuilding, will retire at the end of the year, parent compa[...]

November 6, 2024

Regions

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.

Necessary

Always Enabled

Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.

Cookie	Duration	Description
cookielawinfo-checkbox-analytics	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional	11 months	The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy	11 months	The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
viewed_cookie_policy	11 months	The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.

Functional

Performance

Analytics

Others

Select Region or Brand

Upcoming Event