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KING OF PRUSSIA, PA. —A fund advised by CBRE Global Investors has acquired a single-tenant grocery property in King of Prussia. Located at One Village Dr., the grocery property is occupied by a 147,456-square-foot Wegmans, which is under a 25-year ground lease. Constructed in 2012, the store is a prototype design for the grocer, which has 83 stores across the Northeast. The Wegmans parcel is the first phase of The Village at Valley Forge, a 101.55-acre mixed-use development that will feature lifestyle retail, apartments and office/medical office properties, as well as a children’s hospital. This is the fund’s second retail acquisition in the Northeast; the fund acquired Porter Square Galleria in Cambridge, Mass., earlier this year.