Real Estate
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Lower Providence industrial space sells for $32 million
A 249,400-square-foot industrial building at the Park Pointe at Lower Providence Corporate Center in Montgomery County has been sold for $32 million. Haverford-based real estate investment firm Sandkris Properties Inc. purchased the building at 2621 Van Buren Ave., according to a report by Jacob Adelman of the Inquirer. It was acquired from an ownership group…
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House of the Week: 1751 Stocton Road, Meadowbrook
Introducing this stunning custom designed stone Colonial situated on almost 4 acres in the much sought after Pennock Woods in Meadowbrook. This enchanting home features hardwood floors throughout, high ceilings, lots of windows that allow sunlight to pour in and 2 separate decks. Enter through a double door entrance to a Foyer with tile floor,…
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Life at Villanova’s Commons: Dorm life was never like this
Villanova’s new dorms, The Commons, offer more than just living space. There’s two fitness centers and in 2020, the 200-seat Refectory restaurant will open, along with the Parliament Expresso & Coffee Bar, writes Melissa Jacobs for Main Line Today. A performing arts center and a five-level parking garage will follow. Villanova’s once-modest Lancaster Avenue entrance…
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Brandywine Realty Trust unveils plans for new office building surrounded by park in King of Prussia
Brandywine Realty Trust has teamed up with Coscia Moos Architecture on the development of an office building surrounded by a public park and trail in King of Prussia, writes Michael Tanenbaum for the Philly Voice. Work has already begun at 650 Park Avenue with the demolition of the existing structure on the property. The development…
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Lower Providence industrial space sells for $32 million
By Mark Schiele A 249,400-square-foot industrial building at the Park Pointe at Lower Providence Corporate Center in Montgomery County has been sold for $32 million dollars. Haverford-based real estate investment firm Sandkris Properties Inc. purchased the building at 2621 Van Buren Ave., according to a report by Jacob Adelman of the Inquirer. It was acquired…
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House of the Week: Frank Lloyd Wright-inspired 730 Sural Lane, Elkins Park
Contemporary flair combines w/modern, glass & rustic accents in this impressive Frank Lloyd Wright style home! Sunlight soaks the rooms while serene views of lush woodland surround you. The foyer is breathtaking as you enter into the open living area w/soaring ceilings, stone & brick highlights & large beams drawing your eyes upward. The gourmet…
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House of the Week: 901 Forest Drive, Gwynedd Valley
A home of singular distinction in the historic heart of Gwynedd Valley created in 2009, privately sited along the banks of the Trewellyn Creek. A European influenced design by renowned architect Rene Hoffman featuring fieldstone and contemporary standards of large windows, open floor plan and character design details. The interior millwork designed and built by…
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Keystone Property Group purchases Four Falls Corporate Center
Keystone Property Group has acquired Four Falls Corporate Center, an office complex in West Conshohocken for approximately $50 million, writes Natalie Kostelini for Philadelphia Business Journal. Keystone Property Group was founded in 1991, it develops and invests in commercial real estate. [uam_ad id=”54865″] Keystone purchased the office complex, which includes two buildings, 100 and 200 Four Falls Corporate Center. Keystone Property Group …
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CBRE arranges sale of King of Prussia industrial portfolio
CBRE today announced that it has arranged the sale of the King of Prussia Industrial Portfolio on behalf of the seller, an affiliate of Endurance Real Estate Group, LLC (“Endurance”) and Thackeray Partners (“Thackeray”). The portfolio is a five building, 292,110 sq. ft. industrial/flex portfolio located in King of Prussia. Brad Ruppel, Michael Hines, Brian…
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House of the Week: 901 Brushtown Road, Lower Gwynedd
One of Gwynedd Valley’s finest residences on one of its most coveted, desirable streets! An exceptionally Grand & Elegant property nestled on 1.98 meticulously manicured acres. This 6 Bedroom, 10 Bath magnificent Custom Manor Home features an Elevator, 4 Car Heated Garage, finished walk-out Lower Level, an In-law Apartment, situated on a Professionally Landscaped Lot…
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Battle on to save the historic Ardmore movie house
The Ardmore Cinema closed almost two decades ago. The current occupant is an outdoor furniture store that advertises on the marquee that once displayed movie showings, writes Erin McCarthy for The Philadelphia Inquirer. Due to pending zoning code changes, the historic theater may soon become a seven-story apartment complex. In the latest proposal received by…
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Valley Forge Medical Center & Hospital for sale
The Joeseph B. Wolffe Trust that owns Valley Forge Medical Center and Hospital in Montgomery County, decided to put the addiction treatment facility up for sale, writes Harold Brubaker for The Philadelphia Inquirer. The owners of the 86-bed addiction treatment facility reported several years of losses and would like to find a new owner. The trust would prefer…
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House of the Week: 1511 Stocton Road, Jenkintown
Your magnificent luxury estate home awaits you in the beautiful prestigious neighborhood know as Pennock Woods. This traditional custom beauty was built in 2007 having all the luxuries and amenities that modern families crave. You will be greeted by a cobble stone entrance with massive stone columns which lead you to an enormous 5 car…
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House of the Week: Mansion living under $1 million
Welcome home to this spectacular Stanford II Manor model nestled on a 1-acre lot in the prestigious Cannon Hill community! Situated in the acclaimed Spring-Ford Area School District, this 4 bedroom (possibly 5 bedrooms) home with 5 full and 2 half baths and over 7, 300 sq ft of living space features luxurious upgrades and…
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Final Village at Valley Forge parcel in King of Prussia up for sale
By Mark Schiele And then there was one. A 3.19-acre parcel referred to as One Market St. that fronts North Gulph Road and is located across from the entrance to the Schuylkill Expressway and Pennsylvania Turnpike has hit the market, the last of the land that was once the Valley Forge Golf Club. [uam_ad id=”54865″]…
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A record year? Multi-family apartment sales in western suburbs going strong
Sales of multi-family apartment properties in Philadelphia’s western suburbs have been strong this year, which could potentially be one for the record books, writes Natalie Kostelni for the Philadelphia Business Journal. Multi-family apartment properties have sold in Conshohocken, West Norriton, Phoenixville, Exton, and King of Prussia. “We have already sold as much this year as…
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House of the Week: A home designed by Robert McElroy
This spectacular McElroy contemporary home is a private sanctuary and an entertainer’s delight. Located on a private drive, this Radnor Township home is set on a picturesque 1.34 acres. With towering trees and well-designed landscaping, the home’s interior seamlessly connects to its verdant surroundings. The welcoming entry boasts a modern glass door to a generously…
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Three-year-old apartment complex in Phoenixville fetches $77.8 million
Riverworks – a recently developed, 349-unit apartment complex in Phoenixville – has been sold to Pantzer Properties for $77.8 million, writes Natalie Kostelni for the Philadelphia Business Journal. One of the biggest apartment projects to be built in Phoenixville in recent years, it was developed by Toll Brothers for around $66.5 million. It adds to…
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