Paramount Realty Acquires Columbus Crossing

Paramount Realty has acquired Columbus Crossing, a 140,418 SF open air shopping center positioned along South Columbus Boulevard in the South-East section of Philadelphia.&nbsp;The center is 100% occupied and anchored by T.J. Maxx and HomeGoods, with a strong supporting cast of national tenants including ULTA, Old Navy, Planet Fitness, Chipotle, AT&amp;T, and Bath &amp; Body Works. The property is shadow anchored and shares a main entrance with Walmart and Home Depot, who are complementary to the overall tenant mix and generate a significant amount of traffic to the shopping center. Columbus Crossing enjoys immediate access to the area&rsquo;s major bridges (Walt Whitman Bridge and Ben Franklin Bridge) and to Interstate 95 and Interstate 76, the two primary arterial roadways in Philadelphia. The property sits along the riverfront in a destination shopping corridor which draws from the most affluent and growing communities in Philadelphia, including Society Hill, Old City, Queen Village, and Northern Liberties.<br /> <br /> &nbsp;