Real Estate
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Flex Space in High Demand, as Pillar Real Estate Advisors Brokers Off-Market Sale of Coveted Property in Chester Springs
For the past few years, flex space has been in high demand in the suburban Philadelphia market. Understanding that the pandemic only further tightened this market, Pillar Real Estate Advisors, which recently represented the seller of 11 Senn Drive in Chester Springs, knew that the 12,000-square-foot retail/flex building on 3.8 acres would attract significant interest…
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Eye on St. Gabriel’s Hall: Closure Looking to Draw Interest from Developers
The closure of St. Gabriel’s Hall in Lower Providence by the Archdiocese of Philadelphia is expected to draw significant interest from developers once the property hits the market, writes Natalie Kostelni for the Philadelphia Business Journal. Township officials met with Archdiocese representatives late last year to review how the property was zoned and what the…
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See Which Montco School Districts Are Among Top 39 in Pennsylvania with Most Valuable Homes
Montgomery County is home to thirteen of the top 39 school districts in Pennsylvania with the most valuable homes, write Ethan Lott and Kennedy Rose for the Philadelphia Business Journal. To compile its list of the school districts with the highest home values in the state, the Pittsburgh Business Times looked at the most recent…
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Malvern Bank House of the Week: Modern Chateau in Huntingdon Valley
If you are looking for a European feel to your homestead, this is the house for you. Inspired by the Riviera, this Huntingdon Valley home embodies all the classical curves and sleek designs that you would find in France. 1 1 Enter through the custom-made front doors and you’ll find an entire residence that offers…
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King of Prussia’s Discovery Labs Now Fully Owned by MLP Ventures
In a real estate deal worth roughly $100 million, MLP Ventures has bought its partners out of their interest in the Discovery Labs in King of Prussia, writes Natalie Kostelni for the Philadelphia Business Journal. The deal included four separate transactions for individual parcels that have been subdivided as commercial condominiums. The entire property was…
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Montco is the Place to Live: Montgomery County Housing Market Caps Another Strong Year Despite Pandemic
Montgomery County recorded another strong year for the housing market despite the ongoing pandemic with growing home sales prices and a reduced number of days on the market, writes Kennedy Rose for the Philadelphia Business Journal. A new analysis from MarketStats by ShowingTime based on Bright MLS listing activity shows that the housing market for…
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Radnor Company to Buy Inquirer’s Conshohocken Printing Plant
Radnor-based MLP Ventures, the real estate company run by J. Brian O’Neill, has put the Philadelphia Inquirer’s 674,000-square-foot printing plant in Conshohocken under agreement, writes Natalie Kostelni for the Philadelphia Business Journal. The property set on 45 acres is planned be adjusted for the life sciences industry to complement the work being done by MLP…
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Malvern Bank House of the Week: Estate Living in a Picturesque Community
When you arrive at the Leopard Lakes community, you know you’ve arrived home. This gorgeous Berwyn property brings luxury and activities like tennis and kayaking, even making your family a part of the famous the horse and carriage parade from The Devon Horse Show and other highly anticipated annual traditions. Step inside to your new…
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Pennsylvania’s Most Affordable Place to Live is in Neighboring Chester County
Chester County is home to the most affordable place in Pennsylvania that offers a high quality of life at a manageable cost of living, according to a new list published by Stacker. To create the Best Affordable Places to Live in Every State, Stacker analyzed Niche.com data, starting with its Best Places to Live rankings…
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Temple University’s Former Elkins Park Campus Finds New Owner in International Evangelical Group with Embezzlement Past
Temple University’s former Tyler School of Art campus in Elkins Park seems to have been acquired by an international evangelical group that was caught in an embezzlement scheme last year, writes Jacob Adelman for The Philadelphia Inquirer. The upstate New York Bible college of the not-for-profit religious organization pleaded guilty in an embezzlement case involving…
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King of Prussia Makes National List of Top 20 Suburbs for Apartment Development
King of Prussia is among the top 20 suburbs for multifamily development in the nation, according to a new ranking published by RENTCafe.com. In the search for top booming suburbs for renters, RENTCafe.com looked at Yardi Matrix data for all rental units built between 2016 and 2020 in multifamily properties of at least 50 units…
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Nappen & Associates Releases Video of State-of-the-Art Warehouse in Quakertown
Montgomeryville-based industrial/flex real estate developer, Nappen & Associates, is proud to announce the latest addition to its expanding portfolio. Located at 2525 Milford Square Pike, Quakertown, this 125,000 square foot state-of-the-art warehouse is quickly nearing completion. This site is strategically located minutes away from Route 309 and the Pennsylvania Turnpike providing prospective tenants easy access…
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Malvern Bank House of the Week: Magnificent Manor in the Heart of Blue Bell
Once inside the gates and up the .2 mile-long driveway, this lush Blue Bell home will welcome you with its beauty and opulence. This property offers 30,000+ sq ft across 7+ acres, 10 car garage, an elevator, large in-ground pool, a football field and field goalposts, a 16-person movie theatre equipped with Surround Sound, massive…
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King of Prussia Likely To See Positive Residential Real Estate Trends Continue in 2021
The residential real estate market in King of Prussia and the entire region has seen one of its best years and is likely to continue this positive trend into 2021, writes Sandy Smith for Philadelphia Magazine. The pandemic has disrupted many industries and markets but residential real estate – especially in the suburbs – has…
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Malvern Bank House of the Week: Beautiful Custom-built Estate Home in Telford
This grand 5-bedroom home, situated on 7+ acres in Telford, is sure to make you feel like home from the moment you step inside. On a hill overlooking the countryside, this gorgeous home offers private comfort like no other. The country-sized kitchen has Corian countertops, cherry cabinets, and a double wall oven with a rustic…
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Malvern Bank House of the Week: Charming Tuscan-Inspired Home in Haverford
A charming, Tuscan-inspired home with four bedrooms and six full and two half bathrooms is available for sale in Haverford. Villa Zeta is set on a gorgeous 1.44-acre lot with mature landscaping that offers a private, enclosed oasis ideal for both everyday living and entertaining. This one-of-a-kind, resort-like property boasts beautiful custom finishes, such as…
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Suburban Migration, Customization Drives Record Toll Brothers Growth
Fueled by the continuing migration of homebuyers to the suburbs during the pandemic, Horsham-based Toll Brothers has recorded better-than-expected order growth for the last quarter, writes Prashant Gopal for Bloomberg. The luxury homebuilder saw purchase contracts for the three-month period ending with October go up by 68 percent compared to a year earlier to 3,407.…
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St. Charles Borromeo Seminary Leaving Its Longtime Home in Wynnewood, Moving To Gwynedd Mercy
St. Charles Borromeo Seminary is leaving its longtime Wynnewood home and relocating its programs to Gwynedd Mercy University campus in Lower Gwynedd Township, writes Matthew Gambino for the Catholic Philly. The move was announced in a letter of intent signed by Timothy Senior, seminary rector, and Deanne D’Emilio, university president, and sent to the clergy…
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