Montgomeryville
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Montco Has 24 Top Workplaces in 2022 List of Top Small Company Workplaces, Including No. 1
The Philadelphia Inquirer Top Workplaces has recognized 24 small Montgomery County companies as the best in the Phila./Delaware Valley area. The list is based on a 24-question survey administered by Energage and completed by the company’s employees. It measures 15 cultural drivers that are crucial to the success of any organization, including alignment, execution, and…
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30 Montgomery County Businesses Land on Inc. Mag’s 5,000 Fastest Growers List
A total of 30 Montgomery County companies made the 2022 Inc. 5000, a list of the fastest-growing businesses in the country. Ryan Mulligan compiled the list in the Philadelphia Business Journal. The list ranks companies based on their three-year percent revenue growth. Companies must be privately held, independently owned, and have generated revenue of at…
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Two Montco Retailers Included in National Publication’s Wrap-up of Latest Pet Trends
Reporter Ethan D. Mizer of Pet Product News, the N.Y. industry resource on animal-associated retail trends, included two Montgomery County observations from those in the know in its summation of trending market activity. The report on aquarium sales described the sharp incline in sales of nano-aquariums, small-scale watery habitats that require less space. Claus Frenken,…
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Montgomeryville’s Stone & Key Cellars Releases “Wine Not War” in Support of Ukraine
Stone & Key Cellars has released “Wine Not War” Masons’ Blend wine in support of Ukraine. For each bottle sold, $5 will be donated to Doctors Without Borders to provide medical care in Ukraine. “Wine Not War” Masons’ Blend is a dry wine that comprises 50% Syrah grapes and 50% Zinfandel grapes from Lake County,…
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Montgomery Mall and Plymouth Meeting Mall Put Up Wegmans and Whole Foods For Sale
The Wegmans in the Montgomery Mall and the Whole Foods Market at the Plymouth Meeting Mall have both recently been put up for sale, writes Natalie Kostelni for the Philadelphia Business Journal. It’s not out of the ordinary for real estate owners to sell off parts of a larger property. For example, in 2019 PREIT…
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Montgomery County Mall Sells for $55 Million to a New York Firm in Foreclosure Sale
Kohan Retail Investment Group, a New York-based shopping mall investment company, has bought Montgomery Mall in a foreclosure sale for $55 million, writes Natalie Kostelni for the Philadelphia Business Journal. The sale price represents 95 percent of the mall’s appraised $57.5 million value as of August. Seven years ago, the property was appraised at $195…
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Chicago-based Cresco Labs Buys Laurel Harvest Dispensary in Montgomeryville
In a move to strengthen its position in Pennsylvania, Chicago-based Cresco Labs has acquired the Laurel Harvest dispensary in Montgomeryville, writes Ryan Mulligan for the Philadelphia Business Journal. The local dispensary was sold in a package deal with a Laurel Harvest dispensary that is under construction in Scranton for $80 million. Under the deal, the…
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Montgomery County is Home to Some of Pennsylvania’s Best Cider
Pennsylvania is home to some of the finest hard cider in the nation, with one of the best ones made right here in Montgomery County, writes Nick Vadala for The Philadelphia Inquirer. This Fall, cross this item off your bucket list and go cider-tasting. Cider is different from beer or wine, and many are made…
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Montgomery County Mall Put Up for Sale, Expected to Sell for Estimated $50M
After being foreclosed on and put in receivership, Montgomery Mall has now been put up for sale and is expected to sell for an estimated $50 million, writes Natalie Kostelni for the Philadelphia Business Journal. That is significantly below the $118 million judgment lodged against the property that was formerly owned by Simon Property Group…
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Due to Foreclosure, Simon Property Group Loses a Montgomery County Mall
In another sign of the financial woes plaguing shopping malls, the Montgomery Mall was foreclosed on earlier this month. The owners were Simon Property Group, the biggest mall owner in the country, evidencing how none are impervious to such troubles. The news officially came on July 12, when a judge made a decision for $118.78…
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“Bringing a New Experience to Patients in the Commonwealth,” Medical Marijuana Dispensary Opens in Montgomeryville
Laurel Harvest Labs, a vertically integrated medical cannabis company has partnered with Lewis Katz School of Medicine at Temple University and officially opened its Montgomeryville dispensary located at 721 Bethlehem Pike. The new medical marijuana dispensary offers a variety of medical-grade cannabis products to patients with approved medical conditions in Pennsylvania. Additionally, Laurel Harvest Labs…
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Augmented Reality Helps Barnes & Noble in Montgomeryville Increase Sales
Many publishers and booksellers are trying out new technologies such as augmented reality to help them survive in the rapidly-changing publishing world and reach a new generation of readers, writes Jennifer Alsever for Fortune. And for Barnes & Noble in Montgomeryville, it seems to be working. The store has set up a stand with books…
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With 25% of U.S. Malls Expected to Close Within Five Years, How Will Montco’s Shopping Meccas Adapt?
Everyone is well aware that the circumstances of the last year have caused shopping malls to struggle, but analysts now have data to ascertain just how much damage has been done. Likely to the surprise of few, some of the predictions are bleak. Shawn Baldwin of CNBC discusses this, explaining how data from Coresight Research…
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Nappen & Associates Welcomes New Additions to Their Team
Nappen & Associates, a leading industrial real estate developer and property manager located in Montgomeryville, is proud to introduce its newest team members. Tracy Flissar joins Nappen & Associates as Vice President of Leasing and brings extensive experience and insight in the industrial real estate market. Prior to joining Nappen & Associates, Tracy worked at…
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Hotel of the Week: Residence Inn Marriott Montgomeryville
Montgomery County features 80 world-class hotels and this week we are pleased to shine a spotlight on the Residence Inn by Marriott Montgomeryville. The property features 96 rooms complete with fireplaces, kitchens with full sized appliances, bathrooms with shower/tub combinations, and complimentary toiletries. The hotel is perfectly situated near routes 202, 309 and the Pennsylvania…
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Hotel of the Week: Staybridge Suites Montgomeryville
Montgomery County features 80 world-class hotels and this week the Valley Forge Tourism & Convention Board is pleased to shine a spotlight on the Staybridge Suites Montgomeryville. Featuring 105 spacious guest suites across four floors, Staybridge Suites Montgomeryville is the ideal destination for extended visitors to Montgomery County. The hotel is perfectly situated near routes…
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Creativity Meets Industrial in Montgomeryville-Based Nappen & Associates’ Latest Availability
Nappen & Associates, a leading industrial/flex real estate developer based out of Montgomeryville, has announced its latest flex rental availability to all prospective businesses. Located at 211B Progress Drive in Montgomeryville, this 19,814 square foot flex space can easily satisfy most office/flex needs. With its unique and creative office design, this space provides all the…
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Wall Street Journal: King of Prussia Mall Owner Inks $2.8B Merger Deal with Taubman
In a retail climate where many are having trouble even collecting rent, Simon Property Group, owner of both the King of Prussia and Montgomery Mall as well as the Philadelphia Premium Outlets in Limerick, remains an outlier as they continue to expand. Luxury mall developers Taubman Centers Inc. was already in the midst of merging…
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