JLL closes sale of One and Olney Square

Philadelphia - Investors are feeling bullish on upcoming retail opportunities in Philadelphia, and it’s evident as JLL’s Capital Markets experts announced the sale of One and Olney Square on behalf of BLDG and The Feil Organization. Wharton Realty Group purchased the center.



Anchored by ShopRite, the community shopping center totals 339,784 sq. ft. and includes tenants such as Dollar Tree, Modell’s and Burger King.



The sale closes amidst a flurry of transaction activity in Philadelphia’s market as JLL Capital Markets anticipates closing $1 billion in sales by the year’s end.