Real Estate
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Center City Still Has Lower Commercial Vacancy Rates Than Most of Montgomery County, But Not For Long
While Philadelphia’s office market still has a lower vacancy rate than most of Montgomery County, this could be changing sometime in near future, writes Harold Brubaker for The Philadelphia Inquirer. A possible glimpse into the future was provided recently by Radian Group, which decided to move its corporate headquarters from Center City into a significantly…
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Keystone Property Group Wants to Redevelop Office Building Next to Plymouth Meeting Mall, Turn it Into Residential Building
Keystone Property Group has submitted a proposal to turn the office building next to Plymouth Meeting Mall into a residential building, writes Kevin Tierney for More Than The Curve. Keystone Property Group, which is the developer on SORA West in Conshohocken, presented its proposal during the council’s meeting on June 7. In 2015, the developer planned…
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Artist Couple Finds Their Ideal Retirement Home in Springfield Rancher
Bonnie Queen and Frank Hollick found their ideal retirement home in a Springfield rancher that now serves as an art gallery for both of their works, writes Paul Jablow for The Philadelphia Inquirer. The pair has moved twice since retiring. Their latest move was influenced by Queen’s Parkinson’s disease diagnoses. In addition, as accomplished artists,…
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Malvern Bank House of the Week: Wyncote Manor House Welcomes You for the Summer with Inground Pool and Gorgeous Gardens
Get ready to entertain for the summer- this house is perfect for seeing the family after the pandemic! Located at 1421 Hopeland Road in Wyncote, this 6 BR, 5.5 baths in 8,565 Sq Ft is currently listed at $869,900, and located on almost an acre. Welcome to Hopeland Manor! . From its origins to a…
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Chester County’s Real Estate Market: Bidding Wars Are the Norm and Deep Pockets the Ammunition
The real estate market in Chester County is going through the roof. Lack of inventory is causing bidding wars that are forcing buyers to dig much deeper into their pockets than expected, writes Fran Maye for the Daily Local News. Prices have been increasing each month, with no end in sight, according to local realtor…
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Hankin Group’s LEED-Certified Project with Penn ‘Demonstrates Tremendous Green Building Leadership’
Hankin Group has been awarded LEED Silver for its most recent project with the University of Pennsylvania. LEED (Leadership in Energy and Environmental Design), developed by the U.S. Green Building Council (USGBC), is the most widely used green building rating system in the world and an international symbol of excellence. Through design, construction, and operations…
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Malvern Bank House of the Week: Sunny and Spacious, Renovated Colonial is Move-in Ready
Ready to come home? This super sunny Colonial set on a quiet street in Bala Cynwyd has all that you are looking for in a residence and more. Recently renovated, this turnkey home at 25 Levering Circle is listed for just $799,00! . . A 1950s stone residence with 2,948 sq ft has been redone…
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This Nearby Delco Town is the 6th Best Place to Retire in the U.S., Study Says
There’s a Philadelphia suburb right here in Delaware County that’s already recognized as a great place to retire in Pennsylvania. Now, SmartAsset has ranked Media Borough as the sixth-best place to retire in the United States, reports CBS3staff. Media fell just after Farmington, MI in fifth-place and before Westlake Village, CA, which came in seventh.…
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Real Estate Transactions Reach New Milestones in Montgomery County, Especially in Lower Merion and Kulpsville
Real estate transactions in Montgomery County continue to take place uninterrupted despite the pandemic, writes Natalie Kostelni for the Philadelphia Business Journal. Most recently, the Hopwood School and Camp, including its business and property at 1520 Quarry Road in Lansdale, was sold to Casey and Annie O’Rourke for an undisclosed amount. The new owners will…
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Cole Hamels Puts His World Series of a Home Up for Sale in Newtown Square
Ever wanted to live in the home of a World Series MVP? Now’s your chance. Former Philadelphia Phillies All-Star pitcher Cole Hamels and his family are selling their Newtown Square home. Asking price: $2.95 million, writes Kennedy Rose for Philadelphia Business Journal. Hamels and his wife, Heidi, a player on Survivor: Amazon, custom-built the six-bedroom,…
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Potential Buyers Facing Real Estate Rush in Red-Hot Housing Market
Potential buyers are facing a real estate rush in the red hot housing market in the Philadelphia region that is radically changing the playbook, write Nydia Han and Heather Grubola for 6abc. The market is recording historically low interest rates, skyrocketing home prices, and low inventory – particularly in the suburbs. So if you are…
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Couple Finds Everything They Were Looking for in 1929 Colonial in Jenkintown
Casey and Dylan Ciocca found everything they were looking for in a home where they wanted to start a family in a 1929 Colonial in Jenkintown, writes Terri Akman for The Philadelphia Inquirer. The pair, who used to live in an apartment in South Philadelphia, were hoping to find an older house with a lot…
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Malvern Bank House of the Week: Turnkey Colonial in Penn Valley Offers Luxury, Solitude, and Charm
If you crave beauty and solitude, this Colonial in Penn Valley has got your name written all over it. Built in 2015, this turnkey home sits on a quiet street on 2.2 acres, just waiting for you. 5 bedrooms, 5 baths, and 5,904 sq ft offer as much privacy as you desire. Listed for $2,150,000,…
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IMC Construction Sees Strong Demand, ‘Anticipates Significant Increase in Economic Activity’
For Malvern-based IMC Construction, demand has remained strong throughout the pandemic. Strong sectors included multifamily, industrial, and life sciences, writes Sharon Oliver for the Philadelphia Business Journal. The trend is likely to remain upbeat, according to Michael Lloyd, executive vice president of IMC Construction. “We anticipate a significant increase in economic activity as a result…
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After Leaving Cramped Apartment, Family Enjoys Space, Privacy of Their New Bryn Mawr Colonial
After leaving their Center City apartment, Cole and Erica Brown and their two daughters found refuge and comfort from the pandemic in their new Bryn Mawr colonial home, writes Terri Akman for The Philadelphia Inquirer. “Coming out of the cramped apartment, I loved the space and privacy of the home,” said Erica, a family physician.…
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Blue Bell-based Unisys Reduces Its Real Estate Footprint by Nearly a Third, Focuses Future on Hoteling, Gig Workers
Blue Bell-based Unisys has decided to adopt some of its pandemic-era practices going forward, writes Kennedy Rose for the Philadelphia Business Journal. The company executives plan to keep its real estate footprint reduced by 27 percent and implement hoteling at its remaining office space as well as expand its hiring to gig workers. Before the…
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Malvern Bank House of the Week: Bold and Unique East Norriton Home Shines with Fabulous Features
Looking for charm, quiet, and beauty, all in a gorgeous setting? In East Norriton, this updated house with fabulous features has all you need for living your best life. . This 5-bedroom, 3 bath single-family home sits on almost 2 acres at 2,874 sqft, with new roof, new siding, new central air, new natural gas…
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On the Market: Chestnut Hill College’s St. Michael’s Hall Has Woodmere Art Museum Showing Interest
St. Michael’s Hall in Chestnut Hill, home of the Sisters of St. Joseph for nearly a century that was previously an opulent estate for a string of wealthy Philadelphia families, has been put up for sale, writes Peter Crimmins for the WHYY. The religious order that runs Chestnut Hill College has owned the 15-room mansion…
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