Real Estate
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Fort Washington-based Toll Brothers to Rezone Southern Florida Agricultural Plant into Home Development
Fort Washington-based homebuilder Toll Brothers is looking to rezone an agricultural packing plant just west of Boca Raton, Florida. The company intends to build a new home development on the property, writes Brian Bandell for the Philadelphia Business Journal. Toll Brothers recently filed a large-scale land-use amendment with Palm Peach County for the 37.4-acre property…
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Malvern Bank House of the Week: Charming Stone Colonial in Gorgeous Wooded Setting in Bryn Mawr
A charming and private stone colonial with four bedrooms and three and a half bathrooms is available for sale in Bryn Mawr. Serenely nestled on a gorgeous wooded and landscaped 1.06 acres, this home offers an open and bright interior accentuated by hardwood floors and many updates. The numerous highlights include a beautiful covered flagstone…
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Bryn Mawr’s Kurfiss Sotheby’s International Realty Lists Crebilly Farm in Westtown
Crebilly Farm in Westtown Township has been put on the market, listed by Bryn Mawr’s Kurfiss Sotheby’s International Realty, prompting Natural Lands to intensify its attempts to secure funding to preserve the 309-acre property and prevent development, writes Bill Rettew for the Daily Local News. The Westtown Township property has a price tag of $34…
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Bala Cynwyd Real Estate Company Acquires Former Manufacturing Facility in New Jersey
Bala Cynwyd-based Velocity Venture Partners has bought the roughly 600,000-square-foot former manufacturing facility in Pennsauken, New Jersey, for $32 million, writes Natalie Kostelni for the Philadelphia Business Journal. Velocity acquired the former Aluminum Shapes property through a Chapter 11 bankruptcy sale. The sale was certified in November, three months after Aluminum Shapes filed for bankruptcy…
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Langhorne Plaza Sells for $23.45 Million
Langhorne Plaza — a 107,693 sq. ft. retail center on E. Lincoln Highway — has been sold by its Needham, Mass. owner, Waterstone Properties. Natalie Kostelni rang up the particulars for the Philadelphia Business Journal. The purchase price for the commercial real estate transaction, overseen by Forged Real Estate, was $23.45 million. The center is…
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Drexel Expert’s 2022 Prediction for Sellers in Montco Housing Market: Let the Good Times Roll
According to a Drexel University expert, 2022 will bring much of the same for Greater Philadelphia’s housing market, writes Kennedy Rose for the Philadelphia Business Journal. Kevin Gillen, a senior research fellow at Drexel’s Lindy Institute for Urban Innovation forecast, predicts another seller’s market year with low inventory and rising prices. Among his observations for…
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Malvern Bank House of the Week: Gorgeous French Mini-Villa Brings Mediterranean Feel to Bryn Mawr
A gorgeous French mini-villa with two bedrooms and three bathrooms that brings a Mediterranean feel to the Main Line is available for sale in Bryn Mawr. Settled on a quiet cul-de-sac, the residence is approached along a semi-circular driveway. Inside, it impresses from the start with the abundance of natural light that comes from the…
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CEO of Collegeville-based SEI Puts His Florida Home on Market for $90M
Alfred West, CEO of Collegeville-based SEI, has put his home on Florida’s affluent Jupiter Island on the market for a whopping $90 million, writes E.B. Solomont for The Wall Street Journal. The waterfront compound stretches from the Atlantic Ocean to the Intracoastal Waterway. It is set on close to six acres and features a main…
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Montgomery Mall and Plymouth Meeting Mall Put Up Wegmans and Whole Foods For Sale
The Wegmans in the Montgomery Mall and the Whole Foods Market at the Plymouth Meeting Mall have both recently been put up for sale, writes Natalie Kostelni for the Philadelphia Business Journal. It’s not out of the ordinary for real estate owners to sell off parts of a larger property. For example, in 2019 PREIT…
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House of the Week: Charming Home with Stunning River Views in Gladwyne
Charming home with four bedrooms and two and a half bathrooms boasting stunning river views is available for sale in Gladwyne. Its setting with lush green and water views gives a bucolic feeling while also providing the conveniences of all that is Gladwyne. . To fully take advantage of this, the home was built with…
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Iconic Greystone Hall in West Chester Preserves a Long-Ago Lifestyle
In a fast-developing area, the iconic Greystone Hall in West Chester stands as a monument to a bygone era, writes Roger Morris for The Hunt magazine. Completed in 1907, the residence was commissioned by Philip M. Sharples, a West Chester manufacturer. It was designed as a 15th-century manor house with a modern inside. For a…
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Affordable Cities: Philadelphia Ranks High Among U.S. Metros for Chic Without Sticker Shock
According to a new Realtor.com report, Philadelphia is one of the trendiest, yet most affordable, cities in the U.S. Michaelle Bond covered the dual advantages of living locally for The Philadelphia Inquirer. The City of Brotherly Love ranked third among the nation’s 300 largest metros for an active lifestyle without being a budget buster. The…
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Malvern Bank House of the Week: Collegeville Resort-like Estate With Inground Pool, Par 3 Golf Link, and Pond
Looking for a quiet retreat from the city or beautiful park-like grounds to entertain, look no further than 262 Clayhor Avenue in Collegeville. From the moment you enter through the private gate into the fenced 9.5-acre property, you will be wowed by the picturesque and well-manicured grounds, including a huge pond with water feature, bridges…
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Nappen & Associates Expands its Portfolio in New Britain Township
Montgomeryville-based industrial/flex real estate developer, Nappen & Associates, is proud to announce the kickoff of its latest speculative building. Commencing Spring 2022, Nappen will be expanding its current holdings in New Britain Township by constructing a 120,000 square foot warehouse located at 4373 County Line Road, Chalfont PA. This state-of-the-art facility will join Nappen &…
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Malvern Bank House of the Week: Views and Solitude—Contemporary Home in Lafayette Hill Has It ALL
Welcome to this contemporary hidden gem, designed by Hughes Cauffman, on 4.96 beautiful wooded acres in Whitemarsh township with 3,798 sq. ft. This 5 bedroom, 4.5 bathroom home is nestled at the end of a private driveway with ample parking and a 2 car garage. . Enter the foyer and step down to the living…
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Philadelphia Area Housing Market Projected to Have Slower Year in 2022
The greater Philadelphia residential real estate market around Montgomery County may end up being less exciting in 2022 as a turbulent yet landmark 2021 comes to a close, writes Kennedy Rose for Philadelphia Business Journal. While the area is nowhere close to having the real estate market stagnate, the Philadelphia area currently has one of…
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Charming Conshohocken Townhome 30 Minutes from Everywhere Hits Market
Charming Conshohocken three-bedroom townhome that offers a perfect combination of beauty and convenience has hit the market for $515,000, writes Paul Jablow for The Philadelphia Inquirer. When they were first looking at the home in 2018, current owners Aditi and Sakaya Mohapatra, who are moving to San Francisco Bay Area for a job opportunity, especially…
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These Montco ZIP Codes Are Among Ten Philadelphia Metro Areas with Most Expensive Homes
Three Montgomery County ZIP Codes have ranked among the ten places with the most expensive homes in the Philadelphia metro area, according to a new report by Stacker. Stacker compiled the list of ZIP Codes with the most expensive homes in the Philadelphia-Camden-Wilmington metro area using data from Zillow. ZIP Codes are ranked based on…
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