R.J. Waters & Associates, Inc. co-brokers sale

R.J. Waters & Associates, Inc. co-brokers sale of William Penn Plaza Shopping Center in Easton, PA.

Easton, PA (Northhampton County) – June 16, 2014 – R.J. Waters & Associates, Inc., Southeast Pennsylvania’s premier development, management, leasing, and brokerage firm, has co-brokered the sale of William Penn Plaza at 3079 William Penn Hwy in Easton, PA.  William Penn Plaza contains 91,211 square feet of community retail space and is anchored by Weis Markets, a leading regional supermarket chain with 166 stores across five states.

Time Equities, Inc. purchased the property from Easton Development Company for $8 million, or about $88 per square foot.

The 91,211-square-foot center was constructed in 1985 in Palmer Township, Northampton County, PA. The property was 92 percent occupied at the time of sale.

Francis J. McDonnell of R.J. Waters & Associates, Inc. and Ronald Cappello of Colliers International represented the seller. The buyer handled the sale in-house.

About R.J. Waters & Associates

R. J. Waters & Associates, Inc. is a commercial real estate management, leasing, brokerage, and development firm located in Southeast, Pennsylvania.  R.J Waters & Associates, Inc. manages and leases 21 neighborhood shopping centers throughout Pennsylvania, Delaware, and Virginia. Collectively, we manage and lease 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.

Back to the news page


Concord Pet Food & Supplies signs lease for 5,000 square feet in the Shoppes at Dilworthtown Crossing in West Chester, PA

West Chester, PA (Chester County) August 19, 2021 – Waters Retail Group, Southeast Pennsylvania’s premier development, management, leasing, and brokerage firm, has leased 5,000 square feet of retail space in the Shoppes at Dilworthtown Crossing to Concord Pet Food & Supplies, who is projected to open in December 2021. Concord Pet Food & Supplies, which […]

read more

Big Changes Coming to Cross Keys Place Shopping Center

Doylestown, PA (Bucks County) – June 3, 2021 – As retail shops and restaurants begin to welcome back guests, it seems that a sense of “normalcy” is in sight. But many consumers, are still skeptical of what the future holds for shopping centers and the retail industry in general. For Cross Keys Place in Doylestown, […]

read more

WATERS RETAIL GROUP EXPANDS THIRD-PARTY MANAGEMENT PORTFOLIO

Kennett Square, PA – February 5, 2021 – Waters Retail Group, Southeast Pennsylvania’s premier development, management, leasing, and brokerage firm, is pleased to announce the addition of three new Shopping Centers to its third-party management portfolio. With new assignments at Heritage Crossing (Limerick, PA), Nazareth Crossing (Easton, PA), and Wilmington Retail (Wilmington, DE), Waters Retail […]

read more