Clemens Development Buys Mill Town Square in Philadelphia

SaleRetailChester County

Reported Oct 28, 2026 · Source: Bisnow

Source: BisnowRead the full report at Bisnow ↗

Deal details

Buyer
Clemens Development
Seller
Tripoint Properties
Price
$22.4M
Size
8.7 acres
Asset class
Retail
Transaction
Sale
Sub-market
Chester County
Metro
Philadelphia
Reported date
Oct 28, 2026

Summary

Hatfield-based Clemens Development has purchased the Mill Town Square shopping center in Downingtown from Tripoint Properties for $22.4M, the Philadelphia Business Journal reported. The property, which spans 8.7 acres at 150 E. Pennsylvania Ave., is anchored by Planet Fitness. Source: Bisnow.

Summarized from the article; the quoted lines below are from the article itself.

Source: Bisnow

Read the full report at Bisnow. What the article says:

  • Deal / Price / Buyer / Seller
    Hatfield-based Clemens Development has purchased the Mill Town Square shopping center in Downingtown from Tripoint Properties for $22.4M, the Philadelphia Business Journal reported.
  • Deal / Size
    The property, which spans 8.7 acres at 150 E. Pennsylvania Ave., is anchored by Planet Fitness.

Article date: 2026-10-28T18:41:13-04:00

Frequently asked questions

Who bought Mill Town Square?
Clemens Development bought Mill Town Square in Chester County, Philadelphia, according to Bisnow.
How much did Mill Town Square sell for?
The reported price is $22.4M, per Bisnow.
Who sold Mill Town Square?
The seller was Tripoint Properties, per Bisnow.

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Compiled from public sources; details can differ between sources. Always verify with the linked source.