Holliday Fenoglio Fowler, L.P. (HFF) announces the sale of Warminster Plaza, a 128,544-square-foot shopping center in the Philadelphia-area community of Warminster, Pennsylvania.

The HFF team marketed the property on behalf of the seller, Liberty Bell Capital III, LP. PB Warminster Plaza LLC purchased the asset.

Warminster Plaza is situated at the intersection of Street and York Roads, which have a combined traffic count of 70,000 vehicles per day. The retail center also has immediate access to the Pennsylvania Turnpike (Route 276) and is approximately 27 miles from City Center Philadelphia. More than 78,300 residents earning an average annual household income of $87,393 live within a three-mile radius of the center. Warminster Plaza is home to SMG SportsPlex at Warminster, AAA, Lee’s Hoagie House, YMCA of Buck’s County, Kid’s First Swim Schools, Pearle Vision Center and Grand Buffett.

The HFF investment advisory team representing the seller included managing director Chris Munley and director Michael DiCosimo.

“Investor demand for infill community and neighborhood shopping centers such as Warminster Plaza remains strong,” Munley said. “Retail assets offer competitive risk-adjusted returns in today’s commercial real estate climate, and more capital is entering the space as we continue to see improving retail fundamentals in occupancy levels, rental rates and tenant demand.”

About HFF

HFF and its affiliates operate out of 26 offices and are a leading provider of commercial real estate and capital markets services to the global commercial real estate industry. HFF, together with its affiliates, offers clients a fully integrated capital markets platform, including debt placement, investment advisory, equity placement, funds marketing, M&A and corporate advisory, loan sales and loan servicing. HFF, HFF Real Estate Limited, HFF Securities L.P. and HFF Securities Limited are owned by HFF, Inc. (NYSE: HF). For more information, please visit hfflp.com or follow HFF on Twitter @HFF.