R.J. Waters & Associates, Inc. closes $18.7 million loan

R.J. Waters & Associates, Inc. closes $18.7 million loan for the Shoppes at Dilworthtown Crossing in West Chester, PA.

West Chester, PA (Chester County) – September 7, 2011 – R.J. Waters & Associates, Inc., Southeast Pennsylvania’s premier development, management, leasing, and brokerage firm, has closed on a $18,650,000 loan for the Shoppes at Dilworthtown Crossing in West Chester, PA. This permanent loan was funded by Jackson National Life Insurance Company, and the mortgage broker was Carey, Kramer, Pettit, Panichelli and Associates, Inc. The Shoppes at Dilworthtown Crossing is located at the intersection of Rt. 202 & Dilworthtown Rd. in West Chester, PA. The 127,822 square foot Shopping Center is anchored by Giant Food Store, CVS Pharmacy, Starbucks, Saladworks, Wine & Spirits, and Dairy Queen.

About R.J. Waters & Associates

R. J. Waters & Associates, Inc. is a commercial real estate development, management, leasing, and brokerage firm located in Southeast, Pennsylvania.  R.J Waters & Associates, Inc. manages and leases 22 neighborhood shopping centers throughout Pennsylvania, Delaware, and Virginia. Collectively, we manage over 2.4 million sq. feet of retail space, catering to the needs of over 350 tenants.  Please visit our website at www.rjwaters.com.

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Rita’s Italian Ice & Custard signs a new lease for 900 square feet in the Marlborough Square Shopping Center in Kennett Square, PA.

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