Real Estate
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House of the Week: Stunning 17-Acre Estate in Villanova
The astonishingly beautiful 17-acre Albermarle Estate in Villanova that has been on and off the market for the last five years, has been re-listed with a lower price, writes Melissa Romero for Curbed Philadelphia. The estate that never fails to impress was once part of the Ardrossan, the Montgomery Scott family’s 40 building estate. Just…
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Extensive Mixed-Development Project Coming to Bala Cynwyd
An extensive mixed-use project is planned for Bala Cynwyd later this year when Penn Real Estate Group breaks ground on Pencoyd Landing, an 11 acre development along the banks of the Schuylkill River, writes Natalie Kostelni for Philadelphia Business Journal. The $50 million project will include two hotels, a restaurant, and a public square. It…
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Flexible-Stay Residence Coming to King of Prussia’s Main Street
King of Prussia is getting a new living option in the new flexible-stay residence Korman Communities is creating at the Village at Valley Forge, writes Sandy Smith for Philadelphia Magazine. Work on the building has already started, and is expected to be completed this winter. The facility is part of Korman’s AVE suburban living option,…
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Horsham’s MRA Group Acquires Former Rohm & Haas Campus in Spring House
Horsham’s MRA Group has acquired the former Rohm & Haas Campus in Spring House, rebranding the 133 acre property as Spring House Technology Park. Horsham’s MRA Group has acquired the 133 acre site formerly known as the Rohm & Haas Campus in Spring House. The site at 727 Norristown Road, which includes eleven buildings covering…
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House of the Week: Stunning Bryn Mawr Carriage House
Built in 1915, this former carriage house will immediately stun visitors with its five column, two-story, front porch, writes Taylor Carson for Philadelphia Magazine. Now a five-bedroom home, it includes 5,000-square-feet of interior space on two levels and a separate self-contained one-bedroom cottage ideal for guests. The house’s main level open floor plan design includes…
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Bala Cynwyd NBC10 Studio Building Up for Sale
The Bala Cynwyd building that houses NBC10’s television studio has been put up for sale in preparation for the stations’ move into its new premises in the new Comcast Technology Center currently under construction in Center City, writes Natalie Kostelni for Philadelphia Business Journal. The 97,614-square-foot building has been a broadcasting studio for over six…
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Wyndmoor Residents Partnership Has Big Development Plans for Downtown
Wyndmoor downtown is set to see some transformational changes thanks to a partnership of three of its residents, writes Pete Mazzaccaro for Chestnut Hill Local. Jay Overcash, Gus Repetto, and Bill Casey have been granted the green light by the Springfield Township Zoning Hearing Board to move ahead with their proposed town center development plan.…
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Richard Gottlieb Named President and COO of Keystone Property Group
Conshohocken’s Keystone Property Group has named Richard S. Gottlieb as the firm’s president and chief operating officer, writes Jacob Adelman for Philly.com. The new roles will put Gottlieb, a longtime Keystone executive, in charge of development, management, and leasing the firm’s 10 million-square-foot portfolio. He will report to former president and current chief executive Bill…
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House of the Week: English Country Style Home in Gladwyne
Rocky Crest is a privately situated English country style home set on over 15 acres of immaculately maintained grounds. Access is through the property’s crafted wrought-iron gateway where you are greeted by the stunning front façade of the home. On entering this 13-bedroom, 12-bath home, the detailing of the ground floor rooms immediately exudes luxury…
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Wayne’s The Judge Group Wins King of Prussia District Award
Wayne’s leading global professional services firm The Judge Group has been recognized with the 2017 Commercial Office Award by the King of Prussia District. The award was presented to the Group’s President, Brian Anderson, on March 23, during the King of Prussia District’s annual Report to the Community and Awards luncheon. The Judge Group, which…
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King of Prussia’s Village at Valley Forge Named PBJ’s Project of the Year
King of Prussia’s Village at Valley Forge from Realen Properties has been named Philadelphia Business Journal’s Project of the Year, writes Natalie Kostelni for Philadelphia Business Journal. Thanks to the vision and perseverance of the project’s main developer Realen Properties along with financial partner, Northwestern Mutual Life, the long-term vision has finally turned into reality.…
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JLL Announces Details of Fort Washington Technology Center
JLL, a professional services firm that specializes in real estate and investment management, has announced new details in the leasing and redevelopment of the Fort Washington Technology Center at 1100 Virginia Drive in Fort Washington. Spanning 660,000 square feet, the property, owned by Somerset Properties, is the largest multi-tenant office building in the Philadelphia suburbs.…
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Six Montgomery County Campus Redevelopment Projects Move Forward
Montgomery County is moving forward on the $281 million redevelopment of key buildings essential to the county’s governance, writes Eric Devlin for Montgomery Media. Three projects of the projects will focus on One Montgomery Plaza, with a new security entrance, facade replacement, and interior renovations, while the remaining three projects will focus on the new…
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House of the Week: Haverford’s Stunning $6M Stone Mansion
Lavished with beautiful stone inside and out, Arbor Aves is a prominent masterpiece in a premier Haverford neighborhood. The six-bedroom, 10-bath and four-level House of the Week boasts 14,098 square feet of exquisite living space surrounded by “spectacular gardens, a resort-quality vanishing-edge pool, hot tub and expansive light stone terraces,” according to its listing on…
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300 Apartments About to Move Into Bala Village
With multiple parcels of land now in its grasp in Lower Merion’s Bala Village, Cross Properties has signed the dotted line to get the first 110 of what the developer plans will ultimately be 300 apartments all moved in. Construction is slated to begin next month on the $100 million project, according to a Philadelphia…
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Knox Home and William Penn Inn Projects in Lower Merion Hit Roadblocks
The Knox Home and William Penn Inn projects in Lower Merion that were supposed to prevent the two historic structures from being demolished are stuck in limbo while waiting for new owners, writes Cheryl Allison for Main Line Times. Two years ago, the planned future of the two properties which date back to 1856 and…
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Luxury Estates Having Trouble Finding Owners as Philadelphia Takes Over the Market
Luxury estates in Montgomery County are having trouble finding new owners as the luxury market has found a new stronghold in Philadelphia, writes Caitlin McCabe for Philly.com. The price of luxury homes has not weakened, up two percent to $1.27 million over the last year. However, selling them has become more challenging explained Patricia Royston,…
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King of Prussia’s Morgan Properties Acquires Significant Portfolio in Maryland
King of Prussia’s Morgan Properties is continuing its acquisition spree by adding a $247 million Maryland portfolio to its inventory, according to a staff report from Multifamily Biz. The Montgomery County real estate investment and management company acquired the six property portfolio consisting of 1,979 units in Windsor Mill from Harbor Group International. The Rolling…
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