Real Estate
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EQT Exeter Acquires 8 Delaware County Buildings for $48.5 Million
EQT Exeter has acquired eight buildings in the Naamans Creek Business Center in Boothwyn for $48.5 million, writes Natalie Kostelni for Philadelphia Business Journal. The properties, totaling 265,757 square feet are located off Rt. 322 a short distance from Interstate 95 and the Philadelphia International Airport. The buildings, which will be added to EQT’s industrial…
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Malvern Bank House of the Week: Spectacular Colonial in Chadds Ford
A spectacular colonial home with five bedrooms and four and a half bathrooms is available for sale in Chadds Ford. The residence is nestled at the top of a private cul-de-sac in a beautiful setting on some high rolling hills. The state-of-the-art smart Colonial home features new Brazilian cherry oak hardwood floors throughout, extensive custom…
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Newtown Square Modern Farmhouse Works for This Blended Family
Kristin Haines and her husband Timothy Stevens needed just enough space to blend their two families. What they found was perfect, a three-bedroom modern farmhouse-style home in the Lister neighborhood of Newtown Square, writes Terri Akman for The Philadelphia Inquirer. “This was the perfect amount of space and would allow us to travel and do…
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Radnor’s Brandywine Realty Expands Life Science Centers in Plymouth Meeting
Brandywine Realty Trust is developing the new Metroplex Corporate Center in Plymouth Meeting for life science research and manufacturing, writes Natalie Kostelni for Philadelphia Business Journal. The center on Chemical Road will have a single-story, 100,000-square-foot building for manufacturing and a 125,000 square-foot building for labs and offices. The Metroplex Corporate Center is part of…
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Darby’s Woodburne Mansion Tied to Lincoln and Famous Local Architect
Delaware County has taken steps to preserve the neoclassical Woodburne Mansion at Little Flower Manor Park in Darby Borough, writes Kathleen E. Carey for the Daily Times. The mansion sits on property once owned by Thomas A. Scott, Abraham Lincoln’s Assistant Secretary of War who later became president of the Pennsylvania Railroad. Scott’s son, Edgar,…
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Malvern Bank House of the Week: Spectacular Home, Views in Wayne
A spectacular traditional home set on 1.3 gorgeous acres with four bedrooms and three full and two half bathrooms is available for sale in Wayne. This residence boasts beautiful lush landscape surrounded by stunning views of open spaces and several ponds. The inside of this traditional home is bright and welcoming, making it ideal for…
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Ambitious Renovation Project to Transform ‘One of the Most Important Buildings’ in West Chester
Zukin Realty is preserving the Spence Building in West Chester, transforming it into 11 one- and two-bedroom apartments and a restaurant, writes Bill Rettew for the Daily Local News. The realtor is restoring the structure’s sandstone block exterior. Master craftsmen are bringing them to the fore by removing the faux brick-face stucco façade that hid…
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Malvern Bank House of the Week: Beautiful Traditional in Thornton
A beautiful traditional home in a gorgeous private setting with four bedrooms and three full and two half bathrooms is available for sale in Thornton. The two-story center hall with Crema Marfil marble flooring and a sweeping staircase sets the stage for this gorgeous traditional home. Among the many highlights is a formal living room…
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See How Delaware County Ranks in the Market for Buying a Single-Family Rental
Delaware County ranked in the upper half among best markets for buying single family rental properties in 2021, according to a new report by ATTOM. The Q1 2021 Single Family Rental Market report ranked 495 counties with a population of at least 100,000 using rental data from the U.S. Department of Housing and Urban Development…
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Malvern Bank House of the Week: Traditional Home in Garnet Valley
A breathtaking traditional home set on 2.04 private acres with six bedrooms and seven bathrooms is available for sale in Garnet Valley. The property charms visitors from the start with the European water fountain in the center of a circular driveway. Inside, this traditional home has a magnificent two-story foyer with turned staircase and room…
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Home Flipping Sales, Profits Decline Nationwide, Not in Philadelphia
While home flipping sales and profit margins decline nationwide, the Philadelphia market is bucking those trends. The area recorded growth in several categories, according to a staff report from ATTOM Data Solutions. The 2020 U.S. Home Flipping Report by ATTOM Data Solutions shows 241,630 single family homes and condos flipped in the U.S. last year.…
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Caterer’s Home in Villanova Is Comfortable and Food-Friendly
This Villlanova home is designed around cooking and entertaining, a caterer’s home. And why not? It’s owned by Steve Finley of Finley Catering, one of the largest catering businesses in the Philadelphia region, writes Paul Jablow for The Philadelphia Inquirer. The recently-completed caterer’s home has no formal living room but more of the casualness of…
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Newtown Square Couple Rent Out Pools, But Not To Mermaids
Buying new backyard swimming pools was all the rage during the pandemic shutdown as people looked for at-home alternatives to the resort experience, writes Michelle Bond for The Philadelphia Inquirer. But now homeowners have discovered people are willing to pay money to rent their pools. A mermaid synchronized swimming club almost rented Mel Stewart’s Newtown…
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Malvern Bank House of the Week: William Lightfoot Price Home in Wallingford
An enchanting home crafted by renowned architect William Lightfoot Price in 1897 with six bedrooms and three and a half bathrooms has hit the market in Wallingford, writes Sandy Smith for the Philadelphia Magazine. The house hints at how Price transition into Arts and Craft style but also showcases elements from the Shingle Style and…
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Debating a Land Deal at the Ardrossan Estate in Radnor
The set up at the Ardrossan estate preserves Radnor’s remaining open space, but it’s produced wealthy property owners benefitting from tax deductions and open land that’s not open to the public, writes Jacomb Adelman for The Philadelphia Inquirer. In 1997, Edgar Scott, great-grandson of Ardrossan founder Col. Robert Motgomery, sold off pieces of the 800-acre…
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Pandemic Could Change Center City Office Footprint in Favor of Delaware County
While Philadelphia’s office market still has a lower vacancy rate than most of Delaware County, this could be changing sometime in near future, writes Harold Brubaker for The Philadelphia Inquirer. A possible glimpse into the future was provided recently by Radian Group, which decided to move its corporate headquarters from Center City into a significantly…
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Malvern Bank House of the Week: Farmhouse-Style Home in Thornton
A striking farmhouse-style home with five bedrooms and five full and two half bathrooms is available for sale in Thornton. The center hall design of this farmhouse features spacious rooms ready for entertaining and living spaces that are accommodating and welcoming. These include the large front porch, spacious foyer, and a sweeping staircase by the…
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The Antithesis of the Bucks County Mansion, the ‘Tiny House,’ May Be Real Estate’s Next Big Thing
The out-of-kilter residential housing situation is one of many factors spawning a nationwide real estate trend for so-called “tiny houses.” But in reality, purchaser preferences for humble homesteads started in the late 1970s and early 1980s, a pushback of the “greed-is-good” mentality that pervaded popular culture of that era, according to iProperty Management. Tiny houses…
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