Real Estate
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Experts Conclude That Affordably-Priced Housing Is Possible and Desirable in Chester County
Affordably-priced housing for professionals, those in the trades, first-time homebuyers, seniors, and those looking to locate in Chester County is needed today and in the coming years, according to housing professionals at a recent Citizen Planners’ Breakfast. A panel acknowledged that challenges exist in the county, but the housing can be built if builders, government…
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Developer ‘So Excited to Get That (Mosteller) Building Down’ as Demolition Finally Begins
Demolition of the Mosteller Building at one of the busiest intersections in West Chester, at West Gay and North Church streets, finally began on Friday, writes Bill Rettew for the Daily Local News. Eli Kahn of E. Kahn Development is planning to construct a 44,000-square-foot mixed use structure on the site. The building will have…
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With an Assist from Franklin Mint FCU, McFadden Group Keeps Its Portfolio Close to Home
The McFadden Group, a real estate development and management company based in West Chester and run by Brian and Ellen McFadden, keeps its portfolio close to home, according to a report in Choices, the official magazine of Franklin Mint Federal Credit Union. Over the last 35 years, the McFaddens have built an impressive portfolio of…
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DNB First House of the Week: Enchanting French Manor in Malvern
An enchanting French manor with five bedrooms and six full and two half bathrooms is available for sale in Malvern. With panoramic views, the home is nestled on a 6.3-acre site atop Valley Forge Mountain. The property is truly a slice of heaven and features a free-form pool with waterfall and spa surrounded by extensive…
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DNB First House of the Week: Magnificent Colonial in Spring City
A magnificent colonial with four bedrooms and two and a half bathrooms is available for sale in Spring City. Set on a 2.17-acre lot in Snowden Village, the home is surrounded by lush greenery. Entry is through an impressive foyer with double-height ceilings and butterfly staircase. The foyer is flanked by spacious living and dining…
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DNB First House of the Week: All-Brick Colonial with Sweeping Views in Malvern
A classic colonial with five beds and three full and two half bathrooms is available for sale in Malvern. This all-brick home in the prestigious Four Oaks area of Charlestown Township includes four acres with beautiful, sweeping views. The home’s open floor plan begins with a two-story center hall entrance with marble floors and grand…
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Here’s What Experts Are Saying the New Year Will Bring in the Housing Market
Experts believe that the slowdown of the hot housing market in Greater Philadelphia will continue into next year, providing home shoppers with some much-needed relief, writes Caitlin McCabe for the Philadelphia Inquirer. However, top predictions for the region in 2019 also bring some negative aspects for buyers as well. Among them are interest rates, which…
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WCU Grad, Chester County Resident Has Become Philadelphia’s New Developer-Statesman
Philadelphia seems to have found its new developer-statesman in Brandywine Realty Trust CEO Gerard Sweeney, who is expanding the city through a number of projects, writes Jacob Adelman for the Philadelphia Inquirer. “Our office buildings are only as strong and only as valuable as the economy in which they are built,” Sweeney said. “We’ve been…
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Liberty Property Trust Sells More Than a Half-Million Square Feet of Its Vanguard Portfolio
Liberty Property Trust has sold part of its portfolio of Vanguard buildings in Malvern for $173.1 million, writes Natalie Kostelni for the Philadelphia Business Journal. The four buildings were acquired by Arch Street Capital on behalf of Soor Capital of Kuwait. The buildings at 50 Morehall Road, 60 Morehall Road, 425 Old Morehall Road, and…
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Apartment Community Coming to Exton Square Mall
The Pennsylvania Real Estate Investment Trust has sold four acres at Exton Square Mall to Hanover, which plans to develop a 300-unit apartment community on the property, writes Natalie Kostelni for Philadelphia Business Journal. The planned apartment complex will create a more mixed-use community at the retail property, something PREIT has been focusing on at…
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DNB First House of the Week: Farmhouse Surrounded by Unmatched Rural Beauty in Elverson
A farmhouse with six bedrooms and four and a half bathrooms is available for sale in Elverson. The 22-acre property features a pond, stone bank barn, a large three-bedroom apartment, workshop, and nine horse stalls. Surrounded by unmatched rural beauty, the home offers unusually large rooms that provide a number of options for the new…
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Renovated/Highly-Amenitized Office Building in West Chester Could Be Your Company’s Next Headquarters
An easily-accessible office building rich in amenities that could be your company’s next headquarters is available to lease from Jackson Cross Partners at 1475 Dunwoody Drive in West Chester. Conveniently located in the heart of Chester County, which is consistently ranked among the most desirable places to live in all of America, this class A…
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Founder of Real Estate Investment Firm Bullish on Philadelphia
Christian Dalzell, the founder of a real estate investment and management firm in Connecticut, believes that the days of Philadelphia being overlooked by investors are coming to an end, writes Cathy Cunningham for the Commercial Observer. Dalzell, who went out on his own two years ago after two decades in industry, has put his focus…
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DNB First House of the Week: French-Style Estate atop 50 Rolling Acres in Unionville
A French-style estate with four bedrooms and three full and two half bathrooms is available for sale in Unionville. The home is set on 50 rolling acres and is surrounded by the ChesLen Nature Preserve. The home has a great room, first-floor master bedroom, and in-ground pool. The kitchen features plenty of counter space and…
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DNB First House of the Week: History Complemented with a Modern Touch in West Chester
A Dutch colonial set on 1.6 acres with five bedrooms and six and a half bathrooms is available for sale in West Chester. The home offers hardwood floors, handmade moldings, and period fixtures. Also, its four functioning fireplaces add unrivaled character to the parlor, den, tavern, and library. The designer kitchen has a large bay…
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Activist Investor Urges Liberty Property Trust to Consider Sale
Liberty Property Trust, which announced last February that it will relocate its headquarters from Malvern to Wayne, is being pushed by activist investor Land & Buildings Investment Management to consider selling, writes Jon Harris for The Allentown Morning Call. Land & Buildings, which owns less than a one percent stake in Liberty, has been urging…
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CCCBI Commercial Real Estate Trends Panel Agrees: Market Correction, Recession Still a Ways Down the Road
Saint-Gobain’s North American headquarters in Malvern recently hosted an event – entitled “Trends in Corporate and Commercial Real Estate” – as part of the Chester County Chamber of Business and Industry’s Executive Roundtable series. Michael A. Bray, a faculty member at Villanova University’s School of Business, and Stacy Martin, the Director of Commercial Sales and…
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DNB First House of the Week: Architecturally Significant Home Set on 68 Acres in West Grove
A home with six bedrooms and five and a half bathrooms that features an exterior of Pennsylvania fieldstone is available for sale in West Grove. Dating back to 1925, the home has documented architectural significance and is beautifully set on 68 acres of conserved land that hosts the headwaters of the wild and scenic White…
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