Real Estate
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Doylestown Township Considers 36 Luxury Townhomes on Historic Hart Site
A proposal to sell the historic Hart property and construct 36 luxury townhomes was considered by Doylestown Township planners this week, writes Lacey Latch for the Bucks County Courier Times. In December, commission members reviewed the controversial plans and voted to back the sale and development without issuing a formal recommendation. The 24-acre property is…
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Meridian Bank House of the Week: $3.2M Magnificent Colonial in Newtown
A magnificent colonial home on 23.77 acres with three bedrooms and two and a half bathrooms is available for sale in Newtown. . . This remarkable residence captures the essence of a historic farmhouse while offering modern comforts and timeless elegance. Distinctive details include original pumpkin pine floors, expansive windows with long-distance views, and built-in cabinetry, all thoughtfully…
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Two Little Guys, Creator of Joe Tea, Opens Bensalem Headquarters With Eyes Toward Growth
Two Little Guys, the company behind the food and beverage brand Joe Tea, is moving its headquarters from New Jersey to Bensalem, writes Emma Dooling for the Philadelphia Business Journal. The move to the 22,245-square-foot building in Bucks County, which will expand the company’s headquarters by roughly 71 percent, is expected to be completed in…
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Tavern in Quakertown, Standing Since Before Nation’s Founding, Set for Auction
A building in Quakertown, currently home to The Raven’s Nest and once housing a tavern that predates the nation, is headed to the auction block on Sept. 23, writes Amy Unger for WFMZ 69 News. The stone and stucco structure, built in 1710, has served as a tavern since 1750. The current owner, Albert Pray,…
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Exol’s Lease at Morrisville’s South Penn Logistics Center Biggest Industrial Deal in Years
Exol, an automated fulfillment company based in Menlo Park, California, has leased the entire 973,200-square-foot South Penn Logistics Center in Morrisville, which is one of the Philadelphia area’s largest industrial deals in years, writes Paul Schwedelson for the Philadelphia Business Journal. South Penn Logistics Center, which was completed last year by Chicago-based Logistics Property, had…
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New Philadelphia Bill Would Expand Transit-Oriented Development, Allowing More Housing Near SEPTA
A new bill from Mayor Cherelle L. Parker’s administration would allow more apartment construction around SEPTA stations to help boost ridership, writes Jake Blumgart for The Philadelphia Inquirer. The proposal expands an existing law that allows developers to build more housing with less parking on many properties that are within 500 feet of SEPTA stations…
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Wilmington Developer Buys Two Kennett Square Office Buildings, Plans $34M Redevelopment
Wilmington-based 9th Street Development is acquiring two office buildings in Kennett Square, plans to convert one into apartments while retaining the other as commercial space for office and medical tenants, writes Paul Schwedelson for the Philadelphia Business Journal. The 128 E. State Street building, at 100,000 square feet, will become 60 apartments, while the 101 E. State Street property, at 80,000 square feet,…
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Lender Puts Willow Grove Park Mall on Market Following Matured $170M Debt
The majority of Willow Grove Park Mall, one of the largest shopping malls in the region, has been put on the market by a lender after a $170 million loan matured, writes Ryan Mulligan for the Philadelphia Business Journal. The nearly 725,000-square-foot portion of the mall owned by PREIT includes Macy’s, Nordstrom Rack, Cheesecake Factory,…
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Meridian Bank House of the Week: $2.9M Extraordinary Rambler in Newtown
A rambler home on a 1.85-acre lot with seven bedrooms and seven full and two half bathrooms is available for sale in Newtown. This stunning residence is fully gated and fenced with nearly 10,000 square feet of refined living space and a commanding presence on the property. . . Refined details include soaring ceilings, hand-crafted…
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Debate Grows Over New Housing Plan at Former Freddy Hill Farms
The future of the former Freddy Hill Farms property remains a hot topic in Towamencin, writes Dan Sokil for The Reporter. Township supervisors recently reviewed a revised proposal from Pinnacle Realty that would bring 207 housing units to the longtime dairy farm and entertainment site. The property has been under discussion since the Seipt family…
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Athlete Relocation Expert Elizabeth Herremans Moves to West Chester’s VRA Realty
Birds Nesting, founded by Elizabeth Herremans, has moved from luxury real estate brokerage Serhant Pennsylvania to West Chester-based VRA Realty, writes Ryan Mulligan for the Philadelphia Business Journal. Herremans, wife of former Philadelphia Eagles guard Todd Herremans, founded the firm to help athletes relocate to and settle in the Philadelphia area. At first, she focused on Eagles players, but after joining Serhant, she expanded to other athletes. Birds Nesting supports athletes who have…
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Historic 1740 Stone Colonial Farmhouse with Three-Story Bank Barn Listed in Yardley
A 1740 stone colonial farmhouse featuring a walk-in fireplace and a fully restored three-story stone bank barn was recently put on the market in Yardley, writes Mathew Abraham for Century Homes America. This historic estate showcases stunning pre-Revolutionary architecture perfectly nestled on 45 acres of preserved land. It offers a rarely seen blend of the…
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HSN’s Move to West Chester Paves Way for 400,000-Square-Foot Industrial Project at Former Campus
Vacated after HSN consolidated operations in West Chester, the network’s former Florida headquarters is set to become one of Tampa Bay’s largest industrial developments, writes Veronica Brezina for St. Pete Rising. The 65-acre north St. Pete site is under contract to Greystar, the largest multifamily housing owner, manager, as well as a developer in the U.S. The firm is…
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Nonprofit in Doylestown Buys Space for Inclusive Housing, Marketplace
The Next Step Programs nonprofit has finalized the purchase of a 2.5-acre property in Doylestown with its partners, where it plans to build an inclusive marketplace and housing for adults with disabilities, writes Michele Haddon for the Bucks County Courier Times. The nonprofit has supported more than 1,000 young adults with intellectual and developmental disabilities…
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Philadelphia Lands in Top 10 of Renters’ Most Wanted Cities List
Philadelphia ranked among the top ten most popular major cities for renters looking for apartments leading up to this year’s peak rental season, writes Michaelle Bond for The Philadelphia Inquirer. To determine the ranking, the nationwide apartment search platform RentCafe analyzed millions of apartment searches across the 150 largest cities in the United States. The…
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Fort Washinton’s Toll Brothers Scores Seven Gold Awards in Industry’s Top Competition
Fort Washington’s Toll Brothers is once again earning national recognition for its luxury home designs, according to a press release. The company recently captured seven Gold Awards and 28 Silver Awards at The Nationals. The ceremony is the homebuilding industry’s top honors presented by the National Association of Home Builders’ Sales and Marketing Council. The…
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Former Eagle Brent Celek Adds Five West Chester Warehouses to Real Estate Portfolio
Former Eagle Brent Celek, who just brought his residential brokerage to Keller Williams Media, has acquired five West Chester warehouses for over $10 million as he doubles down on commercial real estate, writes Ryan Mulligan for the Philadelphia Business Journal. Over the last eight years following his NFL career, Celek has ventured into nearly every area of real estate, including single-family…
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Scarcity and Celebrity Influx Send Value of New Hope Riverfront Homes Skyrocketing
Prices for riverfront homes in New Hope have surged in recent years, driven by limited inventory and a growing influx of celebrities to the charming Bucks County town, writes Ryan Mulligan for the Philadelphia Business Journal. The recent sale of a Delaware River property for $9.5 million highlighted the durability of higher home prices in…
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