Montgomeryville
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Penn Medicine Breaks Ground on $270M Montgomeryville Outpatient Hub
Penn Medicine is planting deeper roots in Montgomery County, writes Harold Brubaker for the Philadelphia Inquirer. The health system has officially broken ground on a $270 million outpatient center in Montgomeryville — a project aimed at bringing top-tier care closer to home. Slated to open in late 2027, the 162,000-square-foot facility at 200 DeKalb Pike…
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Red-to-Blue Flip of the Pa. House Came Down to Voters in Upper Dublin, Montgomeryville, Horsham, and Ambler
The recent win for Democrat Melissa Cerrato flipped a seat in the Commonwealth’s red-to-blue political spectrum. The majority-party shift resulted from voters in the state’s 151st Legislative District, comprising Upper Dublin, Montgomeryville, Horsham, and Ambler. Jon Kamp and Scott Calvert brought nationwide coverage of the change to readers of The Wall Street Journal. 2022 election…
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Wegmans in Montgomery Mall to Go Up for Sale
The Wegmans in the Montgomery Mall has recently been put up for sale, writes Natalie Kostelni for the Philadelphia Business Journal. Its “for sale” sign arose around same time as the announced sale of the Whole Foods Market in Plymouth Meeting. It’s not out of the ordinary for real estate owners to sell off parts…
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Montgomery Mall Sells for $55 Million to a New York Firm in Foreclosure Sale
Kohan Retail Investment Group, a New York-based shopping mall investment company, has bought Montgomery Mall in a foreclosure sale for $55 million, writes Natalie Kostelni for the Philadelphia Business Journal. The sale price represents 95 percent of the mall’s appraised $57.5 million value as of August. Seven years ago, the property was appraised at $195…
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Troubled Montgomery Mall in North Wales Seeks a Buyer That Can Handle the $50M Price Tag
After being foreclosed on and put in receivership, Montgomery Mall has now been put up for sale and is expected to sell for an estimated $50 million, writes Natalie Kostelni for the Philadelphia Business Journal. That is significantly below the $118 million judgment lodged against the property that was formerly owned by Simon Property Group…
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With 25% of U.S. Malls Expected to Close Within Five Years, How Will Bucks County Shopping Meccas Adapt?
Everyone is well aware that the circumstances of the last year have caused shopping malls to struggle, but analysts now have data to ascertain just how much damage has been done. Likely to the surprise of few, some of the predictions are bleak. Shawn Baldwin of CNBC discusses this, explaining how data from Coresight Research…
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Nappen & Associates Welcomes its Newest Additions to its Team
Nappen & Associates, a leading industrial real estate developer and property manager located in Montgomeryville, is proud to introduce its newest team members. Tracy Flissar joins Nappen & Associates as Vice President of Leasing and brings extensive experience and insight in the industrial real estate market. Prior to joining Nappen & Associates, Tracy worked at…
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Award-Winning Montgomeryville Winery Produces Some of Best Cider in State
Stone & Key Cellars, an award-winning winery and cidery in Montgomeryville, is among the ten best cider-makers in Pennsylvania, writes Jenn Ladd for The Philadelphia Inquirer. The establishment started as a homebrew-supply store and has evolved over time into one of the best wineries and cideries in the region. The local institution offers a small…
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Warehouse Rental Availabilities with Montgomeryville’s Nappen & Associates
Nappen & Associates, a leading industrial/flex real estate developer based out of Montgomeryville, has announced its latest warehouse rental availabilities to all prospective businesses. Nappen & Associates offers a wide variety of available industrial/flex buildings, ranging in size from less than 5,000 square feet to over 150,000 square feet. Currently, the largest of Nappen’s present…
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Montgomeryville’s Nappen & Associates Expands Portfolio with Quakertown Addition
Montgomeryville-based industrial real estate developer, Nappen & Associates, is expanding its portfolio with its latest Quakertown addition. Located at 2525 Milford Square Pike in Quakertown, this 125,000 square foot state-of-the-art warehouse is quickly nearing completion. Featuring 33’6” high ceilings, 16 tailgates with levelers, 4 drive-in doors, the building also provides an ESFR sprinkler system and…
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Colonial Theatre, Water Tower Cinema Open with New Set of Safety Measures
The Colonial Theatre in Phoenixville and Water Tower Cinema in Montgomeryville are gearing up for the July 4 weekend reopening with a plethora of added safety measures, writes Erin McCarthy for The Philadelphia Inquirer. The Colonial has added ample space between seats and increased the frequency of sanitization of amenities. The theater has also made…
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