Apartment, retail development planned for Willow Grove
Station at Willow Grove, a planned development with 275 apartment units and 30,000 square feet of commercial and retail space, took a step closer to reality recently with the sale of five properties totaling 6 acres.
CBRE announced Tuesday it has successfully arranged for the sale of the properties to J.G. Petrucci Company Inc. for an undisclosed price, writes Baily Hall at cbre.us.
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Approximately 8,000 square feet of the commercial space will be utilized for amenity driven activities to support the residential tenants within the project. Located directly across from the Willow Grove SEPTA train station, this new development fits J.G. Petrucci’s ground up expansion of transit-oriented development residential projects.
To read the full story, click here.
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