Real Estate
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Collegeville’s Pfizer Campus Wins 75 Percent Tax Assessment Cut
The Bridge at Collegeville, one of Montco’s largest office campuses, just saw its tax burden shrink dramatically, writes Paul Schedelson for the Philadelphia Business Journal. After two rounds of appeals, the assessed value of the 340-acre site dropped by more than 75 percent. This cut the owners’ property tax bill from $7.8 million to $1.9…
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Port of Philadelphia Acquires Coveted 152-Acre Mustin Yard for $90 Million
The Port of Philadelphia has acquired the long-coveted 152-acre Mustin Yard in a $90 million deal, write Ryan Mulligan and Paul Schwedelson for the Philadelphia Business Journal. The property, owned since 2008 by Georgia-based Norfolk Southern, is located just south of I-95 and east of the Navy Yard. The purchase marks an important step in…
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L’Olivo Trattoria to Open at Hankin Group’s Eagleview Town Center
Hankin Group, a vertically integrated real estate company, welcomes L’Olivo Trattoria, a new Northern Italian-inspired restaurant, to Eagleview Town Center. The upscale eatery will occupy 3,500 square feet at 570 Wellington Square with seating for up to 90 guests in its modern dining room, bar, and outdoor patio space. The new concept opened to customers…
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First Bank House of the Week: Circa 1795 Estate in Downingtown with 11 Acres and Endless Possibilities
A rare opportunity awaits with this remarkable 11-acre estate, built in 1795 on land once owned by William Penn himself. The main residence spans three levels with eight spacious bedrooms, three full baths and two half baths, showcasing wide plank hardwood floors, soaring ceilings, deep window sills, and exquisite millwork. A renovated kitchen highlights both…
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Eagleview Town Center Unveils Spectacular Fall 2025 Event Season
Eagleview Town Center is proud to present its highly anticipated fall 2025 event calendar with an impressive schedule of community celebrations from October through December. This year’s dynamic lineup features the debut of Barktober BuddhaFest and the return of beloved community favorites, including Halloween Movie Night, festive holiday markets, and the annual Holiday Spectacular. The season…
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What $1,900 in Rent Gets You in Bala Cynwyd, Fishtown, and West Philly
With median rents in the Philadelphia region hovering around $1,900 a month, renters are asking what that budget can actually secure, writes Michaelle Bond for the Philadelphia Inquirer. A look at properties in Bala Cynwyd, Fishtown, and West Philadelphia shows a wide range of options that highlight the diversity of the local rental market. In…
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111-Acre Office Park with Four Buildings Up for Sale in Malvern
The Malvern Green complex, an 111-acre office park with four buildings totaling 759,901 square feet, was recently listed for sale in Malvern, writes Paul Schwedelson for the Philadelphia Business Journal. The four buildings at 51 Valley Stream Parkway, three office buildings along with a data center, are currently occupied by Oracle, with the property currently…
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Developers Are Descending on Rare Open Space in Upper Darby
Open space in the area of Township Line and State roads in Upper Darby has become a lightning rod for developers. The latest proposal is a car wash near the intersection on three undeveloped acres known as the Mozino property, writes Pete Bannan for the Daily Times. It would sit next to and behind the…
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Landmark Developers Purchases Dubliner Building in New Hope
A North Jersey developer has expanded its Bucks County portfolio with the purchase of the building that houses the Dubliner on the Delaware restaurant in New Hope, writes Emma Dooling for the Philadelphia Business Journal. The Irish pub at 34 N. Main Street was acquired by 34 N. Main Property LLC, registered to Landmark Developers,…
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West Philadelphia Church That Unknowingly Sold Rare Tiffany Windows Heads for Court-Ordered Sale
The West Philadelphia church that unknowingly sold off valuable Tiffany windows for a fraction of their worth is now facing a court-ordered sale, as the bank takes action to collect on the over $2 million currently owed by the congregation, write Zoe Greenberg and Ryan W. Briggs for The Philadelphia Inquirer. The listing, describing the…
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First Bank House of the Week: Gorgeous Carriage Home in Malvern
A gorgeous carriage home with three bedrooms and three and a half bathrooms is available for sale in Malvern. This uniquely distinctive residence blends timeless sophistication with modern comfort ideally positioned along the 17th green of Applebrook Golf Club. . . Elegant details include gleaming hardwood floors, intricate crown molding, coffered ceilings, custom millwork, and…
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Washington Post: Homes Are Getting Older and Crumbling, Especially in Northeast Cities Like Philadelphia
In various cities across the nation, especially those like Philadelphia, homeowners are struggling to maintain and repair their aging homes, writes Tim Craig for The Washington Post. With many of these aging houses crumbling and withering, many homeowners are being forced to live in nearly unlivable conditions. To make matters more challenging, repair costs are…
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George Washington’s Former Headquarters in Fort Washington Hits Market for $3.295M
A historic home in Fort Washington that was George Washington’s headquarters during the Revolutionary War has hit the market for $3.295 million, writes Ryan Mulligan for the Philadelphia Business Journal. The residence, named Emlen House after the Quaker family that built it in 1717, spans almost 8,000 square feet and has recently undergone extensive renovations.…
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Tastykake’s Navy Yard Headquarters Is Up for Sale
Tastykake’s 345,500-square-foot Philadelphia Navy Yard headquarters, built in 2009 as a custom facility for the company, is being sold by Prologis, writes Paul Schwedelson for the Philadelphia Business Journal. San Francisco-based Prologis acquired the building five years ago through a $13 billion merger with Liberty Property Trust. Tastykake’s parent company, Tasty Baking, has nearly a…
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Fort Washington’s Toll Brothers Exits Apartment Business in $347M Deal
Toll Brothers is stepping away from the apartment business to concentrate on what it does best, writes Joseph N. DiStefano for the Philadelphia Inquirer. The Fort Washington company is focusing all its attention on single-family homebuilding. The company announced the sale of its Toll Brothers Apartment Living unit, including 18 apartment complexes and 29 development…
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Chester County Home to Nine of Pennsylvania’s 25 Most Expensive Housing Markets
Chester County is home to nine towns that are ranked among the most expensive places to buy a home in Pennsylvania, according to a recently released ranking by Stacker. To compile the list, Stacker used data from Zillow. Places are ranked based on the Zillow Home Values Index for all homes as of May 2025. …
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192-Unit Apartment Complex Submitted for London Grove by Delaware Developer
London Grove Township could become home to a 192-unit apartment complex proposed for a piece of farmland just off Route 1, next to a shopping center, writes Ryan Mulligan for the Philadelphia Business Journal. The nearly 20-acre site is owned by Pettinaro Co., a real estate firm based in Newport, Delaware. The $50 million project…
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First Bank House of the Week: Spacious Valley Forge Mountain Retreat Lists for $1 Million
Listed at $1,000,000, this Valley Forge Mountain residence offers far more than first impressions suggest. . . The property showcases an exceptional blend of space, updates, and community amenities, all tucked into a serene 1.35-acre wooded setting within the Phoenixville Area School District. The five-bedroom home delivers over 6,000 square feet of flexible living space,…
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