Property details

Waterfront Shopping Center

Investment type

Value Add

Asset Class

Retail

Ownership Structure

Joint Venture

Year Acquired

2012

Investment Summary

Syndicated invested alongside M&J Wilkow in The Waterfront, an approximately 765,000 square foot regional shopping center located in Homestead (Pittsburgh), Pennsylvania.

Situated on 265 acres, the property stretches for 2 miles along the Monongahela River, across from the Squirrel Hill and Shadyside neighborhoods, and is approximately 7 miles southeast of the Pittsburgh central business district. The property consists of two components, a 358,704 square foot Power Center and a 405,987 square foot Lifestyle Town Center.