• Utah-Based Firm Attracted to Pending Vacancy in Wayne Office Complex, Buys It for $58.25 Million

    Utah-Based Firm Attracted to Pending Vacancy in Wayne Office Complex, Buys It for $58.25 Million

    Bridge Investment Group has entered the Greater Philadelphia market with its $58.25 million acquisition of the Bay Colony office complex in Wayne, writes Natalie Kostelni for the Philadelphia Business Journal. The Salt Lake City firm purchased the 249,522-square-foot, four-building complex from Equus Capital Partners. The newly acquired buildings located at 565, 575, 585, and 595…

  • As American Families Change, So Does the Housing in Our Region

    As American Families Change, So Does the Housing in Our Region

    Housing trends nationally and locally are shifting from single-family homes to multi-unit housing to adapt to more childless couples, singles, and single-parent households, writes Evan Brandt for Main Line Media News. Households headed by married parents dropped from 25 million to 23.7 million between 1980 and 2017. During the same period, singles with no children…

  • Malvern Bank House of the Week: Custom Home in Desirable Westtown Township

    Malvern Bank House of the Week: Custom Home in Desirable Westtown Township

    A custom home set on a 5.6-acre lot with five bedrooms and four and a half bathrooms is available for sale in West Chester. Situated in the desirable Westtown Township, the home features an open floor plan with wood floors throughout. Among the numerous highlights are the massive two-story great room that opens onto its…

  • Ardmore’s Cambridge Road Among the Eight Most Expensive Streets in Golf

    Ardmore’s Cambridge Road Among the Eight Most Expensive Streets in Golf

    Golfers looking to move should consider Cambridge Road in Ardmore, one of the eight most expensive streets in golf, writes James Colgan for Golf.com. With an average home price of $2.25 million, Cambridge Road is seventh on the list. Buying a house there will provide avid golfers with easy access to Merion’s pair of stunning…

  • DNB First House of the Week: Finest Embodiment of a Country Estate in Willistown Township

    DNB First House of the Week: Finest Embodiment of a Country Estate in Willistown Township

    A grand manor with seven bedrooms and seven full and two half bathrooms is available for sale in the Willistown Township section of Newtown Square. Set on a picturesque, nine-acre lot, the home is a fine example of country estate living. The entrance leads into a breathtaking foyer with custom-designed marble-clad flooring. Among the many…

  • Newtown Square Shopping Center Sells for $60 Million; More Development on Horizon

    Newtown Square Shopping Center Sells for $60 Million; More Development on Horizon

    The Shoppes at Ellis Preserve in Newtown Square has been sold for $60 million to Ellis Preservation LLC, writes Natalie Kostelni for the Philadelphia Business Journal. The retail center on West Chester Pike is anchored by a Whole Foods and a Firepoint Grill. It is part of a 218-acre Ellis Preserve mixed-use development at Routes…

  • This Upper Darby-Raised Real Estate Developer Swore He Was Done with His Hometown. Nope!

    This Upper Darby-Raised Real Estate Developer Swore He Was Done with His Hometown. Nope!

    So what possessed Greg Lingo to make a film about Upper Darby, a town he swore he’d never look back on, as his career propelled him toward being a successful Main Line developer? It’s a question that Maria Panaritis of The Philadelphia Inquirer sought to answer. Upper Darby stayed with Lingo. It formed his identity,…

  • VISTA RE Commercial Property: Fully Leased Class A Office Building in West Chester

    VISTA RE Commercial Property: Fully Leased Class A Office Building in West Chester

    Property Summary: Dimensions: 12,349 sq. ft. Price: $2,450,000 School District: West Chester Agent: Pillar Real Estate Advisors at 484-887-8202 Description: Set in the very heart of West Chester Borough at 239 East Market Street and having been completely renovated four years ago, this fully leased Class A office building constructed in 1890 and the former…

  • As Part of Its $12.6 Billion Sale, Liberty Property Trust to Close Headquarters and Lay Off 94 Employees

    As Part of Its $12.6 Billion Sale, Liberty Property Trust to Close Headquarters and Lay Off 94 Employees

    As part of its $12.6 billion sale to Prologis, Liberty Property Trust will close its Wayne headquarters and lay off 94 employees in the process, writes Natalie Kostelni for the Philadelphia Business Journal. The real estate investment trust moved into its 25,000-square-foot headquarters at 650 East Swedesford Road last year from its long-time Malvern home.…

  • VISTA RE House of the Day: Updated Colonial in Downingtown

    VISTA RE House of the Day: Updated Colonial in Downingtown

    Property Summary: Dimensions: 2,052 sq. ft. Price: $309,000 School District: Coatesville Agent: Michael Diggin at 610-742-1505 Description: An updated colonial on a 0.35-acre lot with three bedrooms and two and a half bathrooms is available for sale in Downingtown. The property is in the highly desirable Beaver Run subdivision and features a beautifully landscaped yard…

  • Neighbors for Crebilly on Court’s Decision: ‘This Ends Sacrilegious Attempt to Defile a Hallowed Battlefield’

    Neighbors for Crebilly on Court’s Decision: ‘This Ends Sacrilegious Attempt to Defile a Hallowed Battlefield’

    Toll Brothers suffered another setback in its attempt to develop Crebilly Farm, as the Commonwealth Court affirmed the decision rendered by a Common Pleas judge that the developer had failed to meet the requirements for its conditional use application to build homes on the Westtown site, writes Bill Rettew for the Daily Local News. The…

  • Here Are Five Plans to Cut Property Taxes Being Considered Right Now by State Legislators

    Here Are Five Plans to Cut Property Taxes Being Considered Right Now by State Legislators

    Five proposals to cut or eliminate property taxes were presented last Thursday to the state legislature, writes Ford Turner for The Allentown Morning Call. Plan 1 reduces school property taxes by $8.62 billion. It increases the state’s personal income tax from 3.07 percent to 4.07 percent, increases the sales tax by one percent, and requires…

  • VISTA RE House of the Day: Renovated Rowhome with Borough Charm in West Chester

    VISTA RE House of the Day: Renovated Rowhome with Borough Charm in West Chester

    Property Summary: Dimensions: 1,632 sq. ft. Price: $434,900 School District: West Chester Agent: Mike Ciunci at 610-256-1609 Description: A completely renovated rowhome with three bedrooms and two and a half bathrooms is available for sale in West Chester. The home features a private backyard with Jacuzzi tub and beautiful landscaping and offers a unique blend…

  • DNB First House of the Week: Equestrian Paradise in Phoenixville

    DNB First House of the Week: Equestrian Paradise in Phoenixville

    A cozy farmhouse with four bedrooms and three bathrooms is available for sale in Phoenixville. This country estate is near Valley Forge National Park and set on a 7.1-acre lot with all the amenities needed to make it an equestrian paradise. This includes four paddocks, a Grand Prix-size riding ring, and a barn with nine…

  • ‘No End in Sight’ to Dispute with Developer Who Wants to Bring Giant to East Brandywine

    ‘No End in Sight’ to Dispute with Developer Who Wants to Bring Giant to East Brandywine

    The eminent domain fight, which has lasted more than a decade, with a developer who wants to bring a Giant supermarket to East Brandywine still has no end in sight, writes Katie Park for The Philadelphia Inquirer. In 2010, developers Peter Miller and Peter Carlino planned to build a shopping complex anchored by a Giant…

  • Hankin Apartments’ Award-Winning Meridian at Eagleview Celebrates Landmark Achievement

    Hankin Apartments’ Award-Winning Meridian at Eagleview Celebrates Landmark Achievement

    Hankin Apartments has announced that Meridian at Eagleview – a luxury, 55-and-older community – is 100 percent leased. Meridian offers one- and two-bedroom apartments for rent. With a total of 162 floor plans ranging from 890 to 1,625 square feet, it serves as the perfect fit for many happy residents. Meridian offers residents a first-class…

  • Real Estate Firm Puts Wayne Building That Could Yield Massive Windfall Up for Sale

    Real Estate Firm Puts Wayne Building That Could Yield Massive Windfall Up for Sale

    Maguire Hayden has put a Devon Park Drive building in Wayne up for sale and could see the property it bought three years ago yield a massive windfall, writes Natalie Kostelni for the Philadelphia Business Journal. The real estate firm acquired the building that was built in 1975 from Merck for $7.2 million. At the…

  • VISTA RE House of the Day: Countryside Quietude at This Estate in Chester Springs

    VISTA RE House of the Day: Countryside Quietude at This Estate in Chester Springs

    Property Summary: Dimensions: 5,100 sq. ft. Price: $725,000 School District: Downingtown Agent: Beth Stein at 484-713-2456 Description: A beautiful brick estate with four bedrooms and three and a half bathrooms that offers breathtaking, postcard-like views of the countryside is available for sale in Chester Springs. Set on more than three acres in a private cul…