Ironwood buys 63 acres for eastern Pennsylvania center

Ironwood Property Group of Conshohocken, Pa., has acquired 63 acres in Tilden Township, Berks County, Pa., and will soon begin construction on Tilden Ridge, a 400,000-sq.-ft. regional shopping center.

A 152,000-sq.-ft. Wal-Mart Supercenter and a 156,000-sq.-ft. Lowe's will anchor the project. In addition, Tilden Ridge will have 60,000 sq. ft. of in-line retail space and five freestanding outparcels. The site sits at the intersection of two major state highways and is adjacent to a 250,000-sq.-ft. Cabela’s hunting, fishing, camping and outdoor store. Since Cabela's Drive leads to Tilden Ridge, each will supply the other with customers.