
Overview
Triple BAR Group, along with J.C. BAR Properties, Triple Crown Corporation, and Weathervane Capital Partners acquired Kendig Square Shopping Center. This 268,728 SF is a dominant grocery anchored community shopping center located in Willow Street, PA. The property benefits from its unmatched location along Willow Street Pike. The shopping center features an attractive combination of a strong income stream, national tenancy with strong sales, and long-term value appreciation. Major tenants include Weis.
Target Metrics
Targeted IRR | 15% |
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Targeted Equity Multiple | 2.5x |
Targeted Investment Period | 10 |
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