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REAL ESTATE
Real estate posting sparks concern for beloved NJ pub
PENNSAUKEN — Despite a real estate posting with the same address as The Pub, a person with close ties to the iconic restaurant reassures the Cherry Hill Courier-Post that nothing is happening to the place. This spark of concern comes as The Pub is temporarily closed for “renovations and...
Apartments in Philly Are Shrinking, Which Can Have a Major Impact on the City’s Demographics
The average size of a Philadelphia apartment is among the smallest in the nation, and that is a trend that will likely continue as even smaller apartments will get built. The average size of Philadelphia apartments are among the smallest in the nation, and are projected to become even smaller with the current pipeline of multifamily construction, writes Ryan Mulligan for the Philadelphia Business Journal.
1.83-acre parcel up for sale along Bethlehem Pike in Flourtown
A 1.83-acre commercial land parcel at 654 Bethlehem Pike in Flourtown was listed for sale on Friday, June 28. According to the listing, the lot is situated between Saint Miriam’s and Saint Thomas churches. From the Executive Summary:. The surrounding property is a truly special oasis, complete with lush...
Former Willow Grove daycare center now up for lease
5,436 sf of retail space is available for lease at 109-111 N York Road in Willow Grove, the former home of Willow Nature Day School. According to the listing, the space exists in the building’s first (and only) floor and comes with a shared parking lot in the rear, a fenced-in yard and a basement.
Morgan Properties, owner of Forge Gate, Main Street Apartments, acquires Lansdale apartment complex
Wissahickon Park Apartments on East Main Street in Lansdale has been acquired by Morgan Properties, owner of Main Street Apartments and Forge Gate Apartments in Towamencin Township, as one of 11 new Pennsylvania acquisitions by the real estate company. According to a release, the 11 properties were acquired by the...
Toll Brothers Apartment Living Opens $112 Million Broad + Noble in Philadelphia
PHILADELPHIA — Toll Brothers Apartment Living has opened Broad + Noble, a $112 million high-rise development in Philadelphia’s Callowhill neighborhood. Broad + Noble comprises 326,000 square feet across 19 stories. The residential tower offers 344 units. According to the property website, units come in studio, one- and two-bedroom floor plans.
Berwyn Townhouse with Expansive Open Layout Hits Market
A lovely three-bedroom, three-bathroom end-unit townhouse with expansive open layout and sunny spaces recently hit the market in Berwyn. A lovely three-bedroom, three-bathroom end-unit townhouse with expansive open layout recently hit the market in Berwyn, writes Paul Jablow for The Philadelphia Inquirer. Pauline and Brady Kramer, both Gladwyne natives, purchased...
Glenside Plaza now on the market for $1.68M
Glenside Plaza, 835 Glenside Avenue, was listed for sale on Friday, June 28 for $1,680,000. The 14,930 sf retail property is 100% leased and currently houses the businesses pictured below:. From the Executive Summary:. Glenside Plaza offers a lucrative investment opportunity for discerning real estate investors. With full occupancy in...
JLL Facilitates the Sale of a 296-unit Apartment Community Mount Laurel Crossing in Mount Laurel New Jersey Near Philadelphia
JLL Capital Markets announced the $80 million sale of Mount Laurel Crossing, a 296-unit apartment community located in Mount Laurel, New Jersey. JLL represented the seller in this transaction, while Colony Hills Capital, based in Wilbraham, Massachusetts and Balfour Beatty acquired the multifamily asset. Mount Laurel Crossing, built in 1999,...
Historic Cabin Run Farm in Pipersville Hits Market for $4.375M
Cabin Run Farm, a bucolic estate in Pipersville that features one the most magnificent homes in the region, has recently hit the market. Cabin Run Farm, a bucolic estate in Pipersville that features one the most magnificent homes in the region, has recently hit the market, writes Bo Koltnow for WFMZ 69 News.
Morgan Properties Acquires 11-Property Portfolio in Pennsylvania
KING OF PRUSSIA, PA. — Morgan Properties, a development and investment firm based in the Philadelphia suburb of King of Prussia, has acquired a portfolio comprising 3,434 units across 11 properties in Pennsylvania. Morgan purchased the communities from their original developer, DePaul Management Co. The sale price was not disclosed. Matt Stefanski and Zachary Pierce of Berkadia brokered the transaction.
Realtor tips to help position your home for sale – or to stay
Think back to the first time you went house hunting. What homes appealed to you? How has the process changed and what can you do now to make sure your home is best positioned to sell well. While it may be a few years — or even decades — since...
The Elkins Estate: A Glimpse into Gilded Age Splendor
Nestled in Elkins Park, Montgomery County, Pennsylvania, the Elkins Estate sprawls across 42 acres, embodying the opulence of Gilded Age architecture. Commissioned by Philadelphia magnate William L. Elkins, the estate features two iconic structures—Elstowe Manor and Chelten House—both designed by renowned architect Horace Trumbauer. Elstowe Manor: Exquisite Italian...
Incentivize Child Care in any Redevelopment of UArts Real Estate
The ranks of people left angry and confused over the abrupt closure of UArts have steadily spread outward from the inner rings of displaced students, teachers and staff. They now include lawmakers, lawyers and members of the broader arts community, all of whom continue to ask questions about the decision to close the 150-year-old institution, which the school’s board members claim was in “urgent” financial distress.
Greater Philadelphia Real Estate Hall of Fame to honor visionary leaders, including South Jersey exec
The Greater Philadelphia Real Estate Hall of Fame recently announced the induction of five individuals for their exceptional contributions to the region’s real estate landscape, including Charlie Walters, co-founder of the Logan Township-based Pureland Group. As leader of the Pureland Group, Walters is responsible for the marketing, construction and...
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