/

|

Chase Properties has purchased two retail assets totaling 350,810 square feet. The acquisitions include a 180,000-square-foot shopping center in Ithaca, N.Y., and a 170,810-square-foot retail hub in Waynesboro, Va.

The purchases align with the company’s approach of owning retail assets in secondary and tertiary markets, said in prepared remarks Andrew Kline, the co-CEO of Chase Properties.

Dubbed Creekside Plaza, the New York retail center came online in 2001 and was 95 percent leased at the time of sale. Anchor tenants at the property include Barnes & Noble, Dick’s Sporting Goods and O’Reilly Auto Parts.