Real Estate
-
Developers Are Descending on Rare Open Space in Upper Darby
Open space in the area of Township Line and State roads in Upper Darby has become a lightning rod for developers. The latest proposal is a car wash near the intersection on three undeveloped acres known as the Mozino property, writes Pete Bannan for the Daily Times. It would sit next to and behind the…
-
Chesterbrook Campus Leases Office Building to New Tenant with International Connections
Rubenstein Partners’ Chesterbrook office campus has scored a new tenant for the 41,700 square foot building at 965 Chesterbrook Blvd: equipment insurance provider HSB, writes Noah Zucker for BisNow. Currently based in Wayne, Hartford Steam Boiler, otherwise called HSB, is subsidiary of German firm Munich Reinsurance Co. The move to Chesterbrook is a relocation of services.…
-
First Bank House of the Week: Duke Model Colonial for Sale in Newtown Square
This expanded Duke model Colonial home at 3804 Baldwin Lane in the Liseter community, with four bedrooms, is available for sale in Newtown Square. The home features an expanded family room, a breakfast room with a skylight, an enhanced kitchen, a three-car garage with an EV charger, and a fully finished walkout lower level with…
-
Folks Are Lining Up These Days to Buy Homes Along the Main Line
There are bidding wars for Main Line homes currently selling well above their asking price, writes Ryan Mulligan for the Philadelphia Business Journal. The prestige of living on the Main Line is causing a gold rush mentality for people hoping to buy property there. Realtor Karen Strid listed a Radnor home on Tuesday as a…
-
Parkesburg Site Approved for 323 Townhomes Sells to D.R. Horton Affiliate for $11.6M
A 43-acre Parkesburg site approved for 323 townhomes has been acquired by Forestar Group, a D.R. Horton subsidiary, for $11.6 million, writes Ryan Mulligan for the Philadelphia Business Journal. Parke Mansion Estates was originally envisioned in 2005, to be a commercial development to replace the quarry. However, in 2009, a revised version without the commercial component received approval. Those approvals have been…
-
Newtown Square’s Equus Capital Partners Buys Industrial Park
Newtown Square’s Equus Capital Partners recently paid $102 million for Greylyn Business Park, an industrial park in southeast Charlotte, North Carolina, writes Elise Franco for the Philadelphia Business Journal. The sale was finalized on March 26. The seller, Cleveland-based Weston, had bought the property for $46 million in July 2015. Greylyn, a 19-building industrial park…
-
Howard Hanna Real Estate Services Opening 40-Agent Office in Devon
Howard Hanna Real Estate Services plans to open a 40-agent office in Devon, marking its entry into the Main Line market just months after its regional debut, writes Ryan Mulligan for the Philadelphia Business Journal. Opening this spring, the Devon office will be led by Janet Rubino, who, along with her husband Art Herling, recently joined Howard Hanna from Long…
-
Bucks County Manufacturer Signs Lease for Bristol Building, Plans More Jobs
Bucks County-based Airline Hydraulics Corp. signed a lease for a 184,611-square-foot industrial facility in Bristol, which it plans to fully occupy, writes Paul Schwedelson for the Philadelphia Business Journal. The hydraulic, pneumatic, and automation products distributor will be moving into the new location this summer, with plans to add 50 new jobs. The facility will be used for manufacturing…
-
SEPTA Makes Plans That Could Reshape Montco Living
Montgomery County communities are at the center of SEPTA’s latest strategy to reshape how and where people live near transit, writes Thomas Fitzgerald for The Philadelphia Inquirer. SEPTA is leveraging land it owns to partner with developers on transit-oriented housing projects. Major plans are already underway in Ambler and Conshohocken. The goal is to increase…
-
First Bank House of the Week: A Landmark Federal Home in Newtown Square
The Edgar House at 34 Mary Jane Lane, a landmark Federal-style home set on 1.3 acres with six bedrooms, 5 baths, and 3 partial baths, is available for sale in Newtown Square. Originally constructed in 1840 and expanded in 1910 and 2008, it blends early American architecture with modern livability. Historic integrity remains beautifully preserved…
-
Historic Witherspoon Building in Center City to Become 186-Unit Apartment Complex
After serving as Presbyterian Church offices and later as short-term rentals, the historic Witherspoon Building in Center City is being turned into a 186-unit apartment complex, writes Jake Blumgart for The Philadelphia Inquirer. SSH Real Estate, which owns the 11-story building that dates back to 1896, decided to discontinue short-term rentals after hospitality operator Sonder…
-
This Delaware County ZIP Code Is in the Nation’s Top 50 Luxury Housing Markets
Affluent homebuyers are snatching up properties in Villanova, making it one of the top luxury housing markets in America, writes Ryan Mulligan for Philadelphia Business Journal. Villanova’s 19085 ZIP Code ranks 49th on a list of 258 ZIP Codes, according to third-quarter listing and sales data from Intercontinental Exchange. It was the only Philadelphia-area market…
-
H Mart Could Turn Lansdale Shopping Center into Cultural Hub
A long-struggling Lansdale shopping center may be on the verge of a turnaround, writes Tony Di Domizio for North Penn Now. Plans tied to H Mart bring renewed energy and cultural significance to the Hillcrest Shopping Center. The proposed addition of the popular Asian grocery chain signals more than just a new tenant. For Montgomery…
-
Radnor-Based EQT Buys South Jersey Industrial Park for $309M
EQT Real Estate, based in Radnor, is adding 2 million square feet of industrial space in South Jersey to its portfolio, writes Paul Schwedelson for Philadelphia Business Journal. The $308.7 million purchase is one of the region’s largest industrial deals in recent years. Amazon.com Inc. occupies the largest building in the Forest Park Corporate Center…
-
Philadelphia Housing Authority Purchases Olde Kensington Development in $49.1M Deal
Philadelphia Housing Authority has acquired a recently completed 200-unit development in Olde Kensington as part of its push to purchase several multifamily properties, writes Paul Schwedelson for the Philadelphia Business Journal. PHA paid $49.1 million for the Avenue V development, which was completed by Philadelphia-based Riverwards Group back in January 2026. “They gave us a…
-
Ellis Preserve Developer in Newtown Square Eyes Multifamily Properties
An affiliate of Equus Capital Partners, the Newtown Square developers behind the Ellis Preserve, is in the process of raising a $600 million fund to invest in multifamily properties, writes Paul Schwedelson for Philadelphia Business Journal. Equus Multifamily Partnership L.P. has so far raised $34.3 million. The fundraising began in the first week of March,…
-
First Bank House of the Week: Elegant Colonial in Chadds Ford for Sale
A refined Colonial at 411 Webb Road with five bedrooms and five full baths on a picturesque 2.81 acres is available for sale in Chadds Ford. This home offers a blend of refined design and everyday livability. Set on a picturesque property, the home welcomes visitors with a dramatic two-story foyer and sweeping staircase that…
-
David Simon, CEO of Simon Property Group, Owner of King of Prussia Mall, Dies at 64
David Simon, president and CEO of Simon Property Group, the owner of King of Prussia Mall, died at 64 on March 22 following a battle with cancer, according to a staff report from WUSA9. Simon was “the singular leader who built Simon Property Group into the largest and most admired retail real estate company in…
Founding Partners
Advertisement
Affiliate Partners
Chamber Partners
