Paramount Realty Services Inc. exclusively offers the opportunity to acquire institutionally owned York Town Center, a regional 247,331 square power center located in York, Pennsylvania.
York is situated approximately 60 miles North of Baltimore, Maryland by way of Interstate 83 and 95 miles west of Philadelphia, Pennsylvania. York is part of the Harrisburg-York-Lebanon CSA which has a population of over 1.3 million and is the 43rd most populated CSA in the United States, with employment drivers led by medical and industrial warehousing/distribution given its central positioning between Washington, D.C. and New York City.
Built in 2007, this was the first power center developed in York and established a trend that would continue in South Central Pennsylvania. With a first class lineup of tenants and leaders among their respective industry classes, York Town Center provides tremendous depth to its shopper. The tenant roster is highlighted by Best Buy, Ross, Ulta, Five Below from inception while also recent new leases with Burlington, Boot Barn, Bob's Furniture, and Barnes & Noble with a flagship location in 35,000 square feet.
With average anchor sales exceeding $400 per square foot and an attracive 2.35% CAGR, the ability to build upon the most recent addition in late 2025 of Barnes & Noble by capturing lifestyle tenancy in the balance of the center as tenants mature with limited options remaining, provides for a tremendous leasing opportunity.