WEST CHESTER, PA—New York Life Real EstateInvestors reports it has acquired the nearly161,000-square-foot Bradford Plaza shopping centerhere.

The property, located at 700 Downingtown Pike, is anchored by aGiant Foods store. Other major tenants at theproperty include Walgreens, DollarTree, Petco and a Giant fuel station.Bradford Plaza also includes a proposed 4,300 square foot pad site.The property is currently 89% leased to 18 tenants. No financialterms of the transaction were released.

New York Life Real Estate Investors is a division of New YorkLife Investments and NYL Investors, LLC, wholly-owned subsidiariesof New York Life Insurance Co.

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John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.