Real Estate
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House of the Week: Glendower Farm, 1221 Meetinghouse Road, Gwynedd
It’s history traces back to George Washington and Abraham Lincoln. And now Glendower Farm is for sale, according to the Philadelphia Business Journal. Here’s what the listing has to say: “The history and folklore includes George Washington stopping by en route to Valley Forge, Forefathers of the Declaration of Independence escaped to Glendower for county retreats, a…
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Park Square finds its niche in King of Prussia
Far from the maddening crowd of the King of Prussia Mall and Village of Valley Forge, Park Square offers a gentler way of life for those seeking the quieter life in Upper Merion Township. The closest restaurant or Starbucks isn’t within walking distance. A grocery store is even farther. You definitely need your car if…
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House of the Week: 861 Sunnybrook Road, Pottstown
What a magnificent one of a kind masterpiece with an added touch of Prairie School architectural design made famous by American Architect Frank Lloyd Wright that is now ready for new ownership. Elegance and sophistication permeates throughout this truly classic stacked stone structure, with horizontal lines, grouped windows, large overhangs, courtyard with granite walkways, and…
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Ridge Avenue historic district approved by Philadelphia commission
Preservationists have cause to celebrate. The Philadelphia Historical Commission granted protections to 188 buildings along a five-mile stretch of Ridge Avenue in Roxborough on Friday, creating the largest new historic district the city has seen since 2009. “We hope this is a model for other parts of the city undergoing intense short-term development pressure that…
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Eight Tower Bridge in Conshohocken sold to D.C.-area real estate firm
Eight Tower Bridge, the highly visible building located at 161 Washington St. in Conshohocken, was sold to American Real Estate Partners. The Herndon, Va., real estate company bought the building in a joint venture with an undisclosed institutional investor. Eight Tower Bridge was 86 percent leased at the time of the sale. While AREP didn’t…
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House of the Week: 3 Wedgewood Drive, Blue Bell
A picture speaks a thousand words from the second you enter this magnificent custom built Philomeno & Salamone executive style home. The picturesque estate is dramatically situated on 2 acres with a tree lined circular driveway and pristine landscaping. Elegant grand foyer entry with striking exceptional attention to detail with hardwood floors, arched doorways and…
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Ardmore Initiative offering grants to local retailers
Downtown Ardmore’s municipal business district authority is taking an aggressive approach to maintaining and bolstering the Main Line commercial corridor – even as businesses continue to wait out the construction of a $58 million mixed-use project. “A lot of the brick-and-mortar stores are losing ground to Amazon and online shopping,” Ardmore Initiative Executive Director Nancy Scarlato told…
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Free real estate trade show at Radisson Hotel at Valley Forge casino features vendors, seminars
Real estate investors, landlords and the homeowning general public can gain insight on easy home repairs, attend seminars on a variety of investing options and learn about the latest trends for home renovations during the Diversified Real Estate Investor Group’s 14th annual trade show. Held Nov. 1 at Radisson Hotel at the Valley Forge Casino Resort, the event features…
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House of the Week: 9 Devonshires Court, Blue Bell
Beautiful Blue Bell Estate home situated at end of cul-de-sac on 2 acres amid an enclave of distinguished estate homes. The ultimate home for living & entertaining, this 11,000+ square foot 7BR/7.2 BA home features grandly scaled interior space and exquisite architectural details throughout. The new gourmet kitchen features Wolf appliances including two dishwashers, random…
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Tech Talk: The next disruption by technology, real estate
Shopping for a home usually begins with checking out the local school district, real estate taxes, nearby amenities, such as shops and restaurants, but behind the scenes, technology is rapidly changing the home buying experience. Opendoor, a startup that flips homes, attracted attention in June when it announced it had raised $325 million from a…
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House of the Week: 608 Robinson Lane, Haverford
Exquisite and dramatic, find this 4 Bedroom 3 Full and 2 half bath Converted barn located in desirable Northside Haverford. Originally designed by renowned Philadelphia architect Frank Furness in the 19th century, this historical structure was expanded upon by McIntyre Capron Architects in 2009, according to the listing on realtor.com Recently, this breathtaking home underwent…
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Pitcairn Properties put office parks on market with $40 million discount
A Jenkintown real estate firm is expecting to take a $40 million loss on two corporate centers it bought before the 2008 recession. Pitcairn Properties has put up for sale Chesterbrook Corporate Center and Glenhardie Corporate Center a dozen years after it bought one of the region’s biggest office portfolios for $250 million, writes Natalie Kostelni…
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Tech Talk: ‘PropTech’ providing a challenge for real estate investors
As one of the hotest buzzwords in real estate takes hold, ‘PropTech’ is proving to be a challenge many are not ready to take on, or know what strategy to pursue when it comes to technology and the properties in their portfolios. The vast majority of real estate executives know that digital innovation and PropTech…
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Cushman and Wakefield Brokers $32 million sale of Highview I and II in Collegeville
Cushman & Wakefield has arranged the $32 million sale of Highview I & II (200 and 400 Campus Drive) in Collegeville. Maguire Hayden Real Estate Company acquired the 183,363-square-foot, Class A office portfolio from TA Realty. Joseph B. Hill, Jr., executive director with Cushman & Wakefield, led the Pennsylvania Capital Markets team of Robert Yoshimura, Eric…
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House of the Week: 1665 Wood Bridge Lane, Worcester
This circa 1742 all stone farmhouse has been restored and expanded with a perfect blend of Old World details and new modern luxuries while maintaining the architectural integrity making it suitable for today’s lifestyles. Situated on 2.91 pristine acres on a private cul-de-sac in Worcester Township, the entire home was built with priceless Pennsylvania Fieldstone,…
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Two Conshohocken office buildings change owners
Two large-scale Conshohocken office buildings are about to be sold in a pair of back-to-back real estate deals. Five Tower Bridge, the 223,736-square-foot office building at 300 Barr Harbor Drive, will be purchased by Equus Capital Partners of Newtown Square; and Eight Tower Bridge, a 16-story, 345,000-square-foot facility at 161 Washington St., will be bought by American…
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Senior housing development proposed for Village at Valley Forge
A Chicago real estate investment firm is planning to build an 11-story senior housing development at the Village of Valley Forge, King of Prussia. CA Ventures wants it new building to have 100 independent-living units, 60 assisted-living units and 32 memory-care units, as well as a four-story garage, writes Natalie Kostelni at bizjournals.com. [uam_ad id=”54865″] The…
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House of the Week: 900 Merion Square Road, Gladwyne
This picturesque paradise, a short stroll from the center of Gladwyne Village, combines the classic elegance of a Main Line Colonial with the modern amenities of an impeccably renovated home built with family and openness in mind. The sophisticated stone house, with its fine copper accents, sits prominently on 2+ acres of park-like grounds, well-positioned…
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