Commercial Real Estate
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With a Giant in Place, the Shoppes at Concord in Glen Mills Can be Built
Giant will be the anchor for the Shoppes at Concord, a planned 155,000 square-foot shopping center in Glen Mills, writes Ryan Mulligan for the Philadelphia Business Journal. With an anchor in place, Retail Sites can go ahead with the shopping center construction, expected to start in 2026 after years of delay. Construction should take between…
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Joseph Ambler Inn in North Wales Sells to Local Real Estate Investor
After four decades with its original owner, the 52-room Joseph Ambler Inn has now been sold to Milind Satam, Jeetu Satpute and other real estate investors for $5.725 million, plus additional costs, writes Emma Dooling for the Philadelphia Business Journal. The new owner said the property will continue operating as a hotel. As an independent…
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Former Famous Dave’s CEO Buys Up Iron Hill Locations, Including One in West Chester
Jeff Crivello, the former CEO of Famous Dave’s, plans to buy ten Iron Hill Brewery & Restaurant locations, including the one in West Chester, writes Emma Dooling for the Philadelphia Business Journal. During this week’s U.S. Bankruptcy Court hearing in New Jersey, Judge Jerrold N. Poslusny Jr. approved the sale of the regional chain’s assets…
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