Real Estate
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Hobby Lobby and Aldi added to the King of Prussia roster
The retail scene in King of Prussia continues to pad its lineup, adding a discount grocery chain and and arts and crafts store to the roster. Aldi and Hobby Lobby will be setting up shop in the King of Prussia area, along the Henderson Road and Route 202 (DeKalb Pike) vicinity, where strip malls shopping…
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House of the Week: 410 Roslyn Lane, Wynnewood
Rarely does a home become available which offers the best of everything. Located on a desirable private lane in the heart of Lower Merion, this stunning house provides a sanctuary combining modern conveniences with timeless elements epitomizing Main Line tradition. Built in 1920, the classic Pennsylvania stonework, lush gardens, extensive hardscaping, and elegant pool, all…
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84 units, including Applegate and Applecore apartments in Montco, sell for $8.56 million
Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of 84 units in Montgomery County The transaction closed for $8,562,500 and included Applegate Apartments & Applecore Apartments. Andrew Townsend and Clarke Talone, both first vice president investments, Ridge MacLaren, senior vice…
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Valley Square office complex in Blue Bell sells to Ohio company
The Valley Square office complex in Blue Bell sold to Cincinnatti-based Viking Partners, a company that focuses on buying under-performing real estate, for $19.75 million. The complex, a five-building, 293,936-square-foot property, was only half occupied when Viking Partners took over ownership from Corevest Realty Inc. Corevet bought the complex in 2013 for $8.5 milion and…
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Atria Lafayette Hill begins pre-leasing for opening this fall
Construction is underway and pre-leasing has begun for Atria Lafayette Hill, the area’s newest senior living residence, offering all-inclusive amenities with no buy-in. Located in Springfield Township at 9303 Ridge Pike, the private-pay community will offer supportive living and memory care services. The four-story building will house 125 apartments within 124,000 square feet of living…
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House of the Week: 1079 Baron Drive, Bryn Mawr
Castlebridge — An extraordinary custom Tudor style Estate home with multi-colored slate roof, designed & built with the finest finishes & amenities for lavish living. Experience the masterful luxury & elegant design uniquely embodied in this one of a kind Tudor residence, according to the listing on realtor.com. This special property, with thoughtful spaces & meticulous…
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PREIT announces new Yard House at Willow Grove Park
PRIET announced the addition of Yard House at Willow Grove Park, boosting the malls tenant roster with attractive dining options, according to a press release by PRNewswire. “Slated to open this winter, Yard House will join Studio Movie Grill as Willow Grove Park aims to “win the weekend” with consumers who can enjoy a high…
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House of the Week: 1040 Stony Lane, Gladwyne
Stunning 8200 square foot custom Mediterranean contemporary home positioned on 2 + private acres across from the 8th Hole of Philadelphia Country Club offers unparalled living with 5 bedrooms and 6 full baths in the main house and 1 bedroom with full bath in the adjacent cottage.Enter the grand Foyer highlighted by inset granite floors,…
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History hits the Lower Merion housing market
1851 Mallard Lane is the location of Brett Furman’s newest and most magical listing to date, in the renowned Lower Merion neighborhood of Villanova. This property delivers a love-at-first-sight impact with a brick and timbered façade, gabled slate roof, and manicured landscaping situated on a quiet cul-de-sac, according to a press release submitted by Tracie…
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AmerisourceBergen to break ground on new headquarters at SORA West in Conshohocken
merisourceBergen, a global healthcare solutions leader, will host a groundbreaking ceremony to mark the commencement of construction on its new state-of-the-art headquarters located at SORA West – Keystone Property Group’s forthcoming dynamic, mixed-use, transit-oriented development in downtown Conshohocken. The Tower at AmerisourceBergen will be a modern, 11-story facility, designed to foster collaboration, and open in…
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Life Time Fitness plans to flex even more muscle in King of Prussia
Life Time Fitness Inc. is aiming to bust out of its box and build a two-story building next to its current facility in King of Prussia on Swedesford Road and Old Eagle Road. The plan also includes expanding its parking lot, giving members something that they’ve longed for at the current lcoation. Based in Minnesota,…
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House of the Week: 111 Cherry Lane, Wynnewood
Privacy Built in the 1880s, this unique, well-designed, fully renovated Main Line home (originally built as a country house) is situated at the top of a long driveway with specimen trees on over two flat acres of land in a private but open, parklike setting. Combining the best of old and new, the home offers…
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House of the week: 323 Fishers Road, Bryn Mawr
Cherished old Main Line charm, architecture & history are embodied in this wonderful home dating back to the late 1800s. Part of the Lippincott Estate, this house, known as the Annex, was primarily used for grand-scale entertaining. The main home (Alscot) was demolished in the late 1930s & the Annex was utilized as a residence…
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Amazon to open distribution center in Kulpsville
Amazon is setting up house in Montgomery County as the online retailer giant signed on to lease a location in the Lansdale area, just off the Northeast Extension of the Pennsylvania Turnpike. Amazon will use that location as a distribution center. The property is located at 2001 Gehman Road and is a 97,000-plus square-foot structure…
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Eight Tower Bridge to transform into 161 Washington St. in Conshohocken
American Real Estate Partners (“AREP”), a leading owner and operator of real estate property throughout the Mid-Atlantic, recently announced plans for a comprehensive revitalization and rebranding of 161 Washington Street, formerly known as Eight Tower Bridge. The structure is a 16-story, 347,000 SF class-A boutique office building designed by world-renowned architect Skidmore, Owings & Merrill.…
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House of the Week: 204 Glenn Road, Ardmore
Extraordinary one-of-a-kind architectural gem in the heart of North Ardmore! Nearly 5, 000 square feet of luxurious living space on .8 acres of flat, private ground. A short walk to Suburban Square. This gorgeous early Colonial Revival home was built in 1876, the home of Dr. Edward Glenn, for whom the prestigious street was later…
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Dollar Tree to close nearly 400 Family Dollar stores
Discount retailer Dollar Tree Inc. plans to close 390 Family Dollar locations after experiencing a disappointing year in 2018. Four of the nearly four hundred Family Dollar locations closing their doors are in Montgomery County. Dollar Tree Inc. reported a net loss of $2.3 billion in the fourth quarter, with their stock taking a hit…
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High Swartz initiates sale of historic Norristown building to make way for apartments, cafe
The residential situation at the corner of Dekalb and East Airy Streets in Norristown was dire. The apartments were in very bad shape and the rent it brought in wasn’t enough for the current landlord to keep the property going. That’s when the partners at High Swartz Law Firm just a couple of doors down stepped in. Approaching 100…
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