CHESTNUT DEVELOPMENT, BENBROOKE REALTY INVEST IN 76,000 SF SHOPPING CENTER

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ASTON, PA. — Chattanooga, Tenn.-based Chestnut Development Partners and White Plains, N.Y.-based Benbrooke Realty Investment Company have invested in Dutton Mill Shopping Center in Aston. Located approximately 20 minutes from downtown Philadelphia, the 76,000-square-foot property was once anchored by a Shop-N-Bag, a regional grocery store. Chestnut and Benbrooke plan to use the vacant retail space an opportunity to redevelop and market the shopping center to national and regional retailers. This transaction is Chestnut’s ninth investment since November 2012.

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