HARRISBURG, PA–Stanbery Development has sold its Shoppes at Susquehanna Marketplace, a 110,365 square foot lifestyle center in Harrisburg, PA, to Clarion Partners.

Brad Nathanson and Thomas Gorman of CBRE represented the seller and identified the buyer in the transaction.

“The Shoppes at Susquehanna Marketplace is a unique, one-of-a-kind center that captures the market for lifestyle shopping in the greater Harrisburg MSA,” says Nathanson, executive vice president with CBRE's Capital Markets group. “Given its prominent location and its exposure to Central Pennsylvania at I-81 and I-83, two of the busiest interstates in Pennsylvania, the shopping center will continue to capture best of class tenants among the specialty fashion/restaurant sectors.”

Built in 2004, The Shoppes at Susquehanna Marketplace has such major tenants as Banana Republic, Romano's Macaroni Grill, White House Black Market, Chico's, and Williams-Sonoma. It was 94 percent occupied at the time of the sale and has recently added significant tenants to broaden its appeal, including J. Crew Factory, Athleta, Hand and Stone Massage & Facial Spa, and Harvest Seasonal Grill & Wine Bar.

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