Real Estate
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Reports Say Liberty Property Trust Exiting Montgomery County With $100m Sell Off
Rumors are flying that Liberty Property Trust is selling its current office portfolio of more than 40 properties in the Montgomery County office submarket as it looks to focus its holdings into the company’s core areas. New York based Rizk Ventures, founded by Thomas Rizk, is reportedly looking to scoop up all of Liberty’s assets…
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Liberty Property Trust Backing The Building Of Two New Skyscrapers In Camden
As a part of the largest investment Camden has ever seen, two new skyscrapers by Robert A.M. Stern Architects have been proposed for construction along the Camden waterfront in New Jersey. The project, worth around $1 billion, is being backed by Malvern based property developer Liberty Property Trust, a firm which is definitely not a…
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Second “Be Alive and Thrive” Event Held in Exton Square Mall on Saturday
It is incredibly sad to see any life end prematurely, and all too often we see people choosing suicide as they think that it is their only option, be it a teenagers, parents, veterans or senior citizens. In the hopes of helping improve suicide prevention, the Second Annual “Be Alive & Thrive” event was held…
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Chester County Business Briefs
Over 500 Schools Overlooked by PDE Says Auditor General DePasquale According to two recent performance audits of the Pennsylvania Department of Education, the department has not provided satisfactory assistance to 561 academically challenged schools with 310,000 enrolled students reports Auditor General, Eugene DePasquale. Several schools from the Coatesville, Octorara, and Oxford school districts are on…
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Daylesford Crossing A Stunning $25 Million Senior Living Community
Formerly the site of Jimmy Duffy & Sons Caterers at 1450 Lancaster Road in Berwyn, the old catering hall is there no longer, as the location is now the home of Daylesford Crossing, a $25 million 85,000 square foot development that provides 78 apartments for senior living. With is modern and sleek look, the new…
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Liberty Property Trust Partners With New Drug Company on $25M Project
Fresh off an initial public offering earlier this year, cancer immunotherapy pioneer Adaptimmune Therapeutics is injecting $25 million into the local economy through renowned Malvern developer Liberty Property Trust. Liberty will bring the company’s vision for a 46,000-square-foot facility employing 110 new employees to reality at the growing Navy Yard Corporate Center in Philly, which…
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Chester County Daily News: Business Briefs
What you need to know to start your day in Chester County: New PennDOT Plates Let Motorcyclists Honor Veterans Newly authorized “Honoring Our Veterans” special fund registration plates will allow Pennsylvania motorcyclists to show their support for veterans. Made in the usual blue, white and yellow color scheme, the plates also include an image of…
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Court Hands Applecross Country Club a $20M Mulligan
Just shy of a decade ago, the Talamore Family of Country Clubs took a big swing at success with its Nicklaus-designed luxury Applecross Country Club in Downingtown. Unfortunately, it didn’t see where that shot landed until the Great Recession had settled in. And when it did, Applecross realized its partnership with the developer of the…
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Hilton Rolls Out ‘Green’ Carpet With New Downingtown Hotel
Hilton is rolling out the “green” carpet to Chester County business travelers and other extended stay guests with the groundbreaking of its freshly re-envisioned Home2 hotel brand in Downingtown. The innovative $14 million all-suite property will feature an Earth-conscious, pet-friendly and community-minded commitment with 115 stylish rooms equipped with in-suite kitchens, along with 400-plus…
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Bevy of Development Projects on the Docket for Downingtown
Numerous big development projects are rumbling down the tracks with the proposed new Downingtown train station, as the anticipated “gateway to the county” throws open the doors to many other exciting enhancements. “‘Our minds are racing’ with ideas for the train station, with potential for business developments, a pedestrian bridge walkway for commuters or a…
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Chester County Daily News: Business Briefs
Dinniman Says Phoenixville’s Route 23 Bridge could be Finished this Month State Senator Andy Dinniman is confident that the Route 23 bridge construction project will be finished by the end of this month, significantly ahead of the expected date, although PennDOT officials do not share his enthusiasm. The 48-year-old bridge in Phoenixville spanning Pickering Creek,…
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Liberty Property Trust Pitches In $1B For Camden Transformation
Another Chester County developer is envisioning a spectacular view of the a city skyline — a $1 billion showcase of architectural ingenuity and diversity in what is destined to become a highly sought-after neighborhood. But it’s on the other side of the Delaware. Liberty Property Trust just announced its master plan for 16 acres on…
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New Waste Disposal HQ For Wm. P. McGovern Takes Over West Goshen Pepsi Plant
Growing Kennett Square waste disposal firm Wm. P. McGovern will literally clean up after Pepsi in its former West Goshen bottling plant. McGovern recently struck a deal to lease the nearly 70,000-square-foot facility on Route 202 for its new corporate headquarters, according to a Daily Local News report. “The 13.938-acre property offers McGovern potential expansion…
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First Look Inside Highview at Brandywine Development in Coatesville Coming Soon
A picturesque setting near the center of Chester County’s progress will soon be home to successful local families, and Ryan Homes is offering a pre-grand opening glimpse of what’s in store on the last weekend of the month. The weekend-long showcase of the scenic new single-family neighborhood called Highview at Brandywine will take place Saturday…
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Chester County Commercial Property For Lease – 400 E. Market Street
Swope Lees Commercial Real Estate, a West Chester-based commercial real estate brokerage and consulting firm that operates regionally in Southeastern Pennsylvania with an emphasis in Chester County, has the following 6,300 SF Class “A” Bank/Office Space at 400 E. Market Street in West Chester for lease. Currently known as the WSFS Bank Building, this beautiful,…
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New Valley Forge Turnpike Plaza Sports a Starbucks
A cup of coffee on the way to work — or any hour of the day or night — is even more convenient for Chester County’s Pennsylvania Turnpike commuters now that Starbucks is serving its avid customers directly from the high-traffic route. Starbucks, Ladson Grill and other amenities highlight the turnpike’s newly reconstructed Valley Forge…
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Turnaround Redeveloper Tripoint Properties Targets West Chester Office
A 43,000-square-foot, one-story office building in West Chester could be a diamond in the rough if Downingtown’s Tripoint Properties employs its turnaround magic on 1060 Andrew Drive. Though fully leased to five tenants, the $6.55 million deal foreshadows a change of course there — at least structurally. “Tripoint calls upon the experience, vision and creativity…
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Chesterbrook Corporate Center Gets a Boost with Three New Tenants
The Chesterbrook Corporate Center had been facing a potentially bleak future after one of its largest tenants, Shire Pharmaceuticals, gave notice that it was moving out, leaving four key properties on the site vacant by the first quarter of 2016. Once again Pennsylvania’s tech companies came to the rescue with Comcast agreeing to lease the entire…
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