Real Estate
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Florida-Bound Couple Puts Dutch Colonial, Where It’s ‘Like Living in a Tree House,’ on Market in Devon
Ready to start the next chapter of their lives in Florida, Kelly and Chuck Keller have put their Dutch Colonial in Devon up for sale, writes Paul Jablow for The Philadelphia Inquirer. Living in the residence is “like living in a tree house,” said Kelly. The Kellers bought the home with its five bedrooms and…
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Several Office Buildings Along Swedesford Road in Wayne Up for Sale
Keystone Property Group, the Conshohocken-based real estate company, has put several office buildings along Swedesford Road in Wayne on the market, writes Natalie Kostelni for the Philadelphia Business Journal. The properties include a two-building complex at 656-676 East Swedesford Road that totals 147,000 square feet and the Valley Forge Office Center. The latter consists of…
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As Leasing Reps for New Mixed-Use Project in Kennett Square, Zommick McMahon the ‘Best-in-Class’
A new mixed-use commercial and residential project on 13 acres in Kennett Square will bring townhomes, apartments, retail, event space, and walking trails to a strategic location in the community in 2021. “It’s the gateway to Kennett,” developer Don Robitzer said of the parcel located at the intersection of East Cypress Street and Ways Lane.…
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Malvern Bank House of the Week: Historic Charm, Contemporary Comfort in Berwyn
A traditional home with four bedrooms and four full and two half bathrooms is available for sale in Berwyn. This mini-estate, Indian Rock Farm, dates back to 1780 and offers a perfect blend of historic charm and contemporary comfort. In addition to the main house, the 2.2-acre property encompasses multiple outdoor living spaces, a pool,…
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Frank Lloyd Wright in Chester County? Check Out This House That Just Hit the Market
After more than two decades of living there, architect Donald Dunham and classics professor Annette Giesecke have decided to put their Frank Lloyd Wright-inspired house in Landenberg on the market, writes Paul Jablow for The Philadelphia Inquirer. The married couple bought the property the house sits on today at the end of the 20th century.…
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Companies Continue to Shed Space in Philadelphia, Suburbs
With work from home more prominent than ever, businesses are continuing to shed what they consider to be excess office space in Philadelphia and surrounding suburban markets, writes Natalie Kostelni for the Philadelphia Business Journal. Companies from all sectors have indicated that they no longer need the same amount of space they occupied before the…
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Bloomberg: Philly Among Metro Areas with Largest Median Home Price Increase
The Philadelphia area is among the country’s metros with the largest median home price increases in September, writes Prashant Gopal for Bloomberg. The Philadelphia region is third in the nation, behind only Fairfield County, Conn., and Memphis, with a 23.6 percent increase in median home prices last month. The rise in prices is more pronounced…
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Malvern Bank House of the Week: Reimagined, Historic Farmhouse in Downingtown
A lovingly renovated farmhouse with five bedrooms and four bathrooms is available for sale in Downingtown. Set on a 5.2-acre lot, the home that was originally built in 1865 has been reimagined through the skilled work of Amish craftsmen. The beauty of the residence is accentuated by original stone that has been exposed both outside…
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Pandemic Doesn’t Dampen Support for Hankin Golf Invitational and Its Beneficiary, Handi-Crafters
Earlier this month, 144 golfers gathered on a beautiful afternoon at the Whitford Country Club in Exton for the 34th Annual Hankin Golf Invitational. Although the pandemic forced a reduction in the total numbers of golfers, it did little to dampen the massive support shown for Handi-Crafters, the event’s beneficiary. “You still see the same…
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Expanding Cleaning Business Benefits from Zommick McMahon’s Tenant Representation Services
Helping a growing cleaning business set up a new space in Exton demonstrates the importance that Zommick McMahon Commercial Real Estate places on tenant representation, especially as COVID-19 forces several businesses to consider smaller, more flexible locations. When Nick Carter wanted to expand his commercial cleaning business to southeastern Pennsylvania, he contacted West Chester-based ZMCRE…
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De Lage Landen Considers Putting Its North American Headquarters in Wayne on Market
With remote work continuing, De Lage Landen Financial Services is considering putting its North American headquarters in Wayne up for sale, writes Natalie Kostelni for the Philadelphia Business Journal. The Netherlands-based company paid $20 million 20 years ago for the 207,000-square-foot building and moved 600 of its employees there. However, since March, the building has…
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Hankin Group Managers Discuss Property Management Amidst COVID-19 at Virtual Industry Event
Two managers from Hankin Group – the award-winning, Exton-based developer of distinctive commercial, residential, and retail properties – were among the featured panelists at a Building Owners and Managers Association (BOMA) event that discussed the impacts and challenges of property management as a result of COVID-19. Glen Cooper, Hankin Group’s Commercial Property Department Head, and…
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Malvern Bank House of the Week: Resort Lifestyle Awaits at This Malvern Manor Built to Entertain
A luxurious manor built to entertain with five bedrooms and six full and two half bathrooms is available for sale in Malvern. This exclusive oasis is nestled on a stunning 2.88 acres with lush grounds designed by a landscape artist who classically trained at Longwood Gardens. A stately fountain, sparkling swimming pool and spa with…
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Pandemic Reverses Urbanization Trend as People Return to Suburbia
The pandemic-influenced shift to a work-from-home model has reversed a decade-long urbanization trend and prompted people from bigger cities to flock to suburbia, writes Peter Grant for The Wall Street Journal. With no need for a tedious commute and a lot of cultural and culinary attractions in cities around the country closed or working at…
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N.Y. Post: Sexy ‘Boom Boom Room’ in Broomall Home Triggers Bidding War, 13 Offers to Buy
A sexy basement in a split-level home on the market in Broomall generated 48 showings in 48 hours and 13 offers to buy the home in September, writes Jordi Lippe-McGraw for The New York Post. “As people came through, they told me how they heard about the Boom Boom Room over the years. It was…
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Scottish Castle in Wynnewood Finally Reclaiming Its Former Glory
After years of litigation and failed plans, Maybrook Mansion in Wynnewood is once again on a path to reclaiming its former glory, writes Stacia Friedman for Hidden City. The majestic building was constructed in the late 1800s. It was designed by Watson Hewitt and William D. Hewitt for liquor baron and business magnate Henry C.…
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Qlik-Anchored Building in King of Prussia Tests the Post-COVID Commercial Real Estate Market
A King of Prussia office building with Qlik as its anchor tenant has been put up for sale, breaking the dearth of commercial real estate on the market during the pandemic, writes Natalie Kostelni for the Philadelphia Business Journal. The 211 South Gulph Road property covers 102,204 square feet. Two years ago, Qlik signed a…
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Pillar Real Estate Advisors Lists High-Profile Property for Sale
Pillar Real Estate Advisors has just listed the high-profile property at 12 Pottstown Pike in Chester Springs for sale. The 26,000-square-foot retail/flex building, former home of Harley-Davidson of Chester Springs that was completely renovated in 2017, sits on 1.6 acres, where Route 100 meets the Pennsylvania Turnpike. The property is visible to approximately 80,000 vehicles…
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