Turning Vision into Value
940 Haverford Road
Bryn Mawr, PA 19010
T 610-552-6000
F 610-552-6001
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Adding value through expert redevelopment and leasing strategies.


WP Realty sells Berkshire Square

Berkshire Square, Wyomissing, PA

Bryn Mawr, PA – December 15, 2011 – WP Realty is pleased to announce the sale of Berkshire Square located in Wyomissing, PA.

Berkshire Square is a prominent 323,044 square foot shopping center anchored by Wal-Mart, Redner’s Markets, and Staples situated west of the City of Reading in the heart of the area’s retail corridor.

WP Realty purchased a 112,119 square foot portion of the property in August 2005, with an occupancy rate of 100% including Redner’s in 51,335 square feet and Staples in 23,144 square feet. Through a difficult economic environment, WP Realty has maintained near 100% occupancy at the center and has added long term stability to the asset by extending Redner’s term by 15 years through November 2020.

WP Realty is a real estate investment, development, management and leasing company headquartered in Bryn Mawr, Pennsylvania, The principals of WP Realty have extensive expertise in leasing and entrepreneurial management and turning underperforming centers around.

Please contact WP Realty at 940 Haverford Road, Bryn Mawr, PA 19010 (610) 552-6000, fax (610) 552-6001 or for additional information visit our website at www.wprealty.com.