Real Estate
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House of the Week: Beautiful Stone Residence in Chestnut Hill
A beautiful and distinguished stone residence set on nearly two acres of beautifully landscaped land with six bedrooms and 5 bathrooms is available for sale in Chestnut Hill. The home, designed in 1925 by the renowned Willing, Sims & Talbott, offers cool breezes, exceptional privacy, and sweeping outdoor views. Its relaxed, modern sensibility of the…
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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…
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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…
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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…
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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…
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Temple University Joins Developers As Institutional Partner in ‘Transformational’ North Philly Project
Three years after Shift Capital and Essence Development acquired a 7-acre property in North Philadelphia for a new mixed-use project, Temple University has now joined as a new institutional partner, writes Paul Schwedelson for the Philadelphia Business Journal. Upon finalizing the acquisition in 2023, the developers tapped their planned North Station mixed-use project as a…
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House of the Week: Elegant Stone Colonial in West Mount Airy
An elegant stone colonial set on 5,570-square-foot with 5 bedrooms and 4.5 bathrooms is available for sale in West Mount Airy. This stunning residence was designed by the acclaimed firm Duhring, Okie & Ziegler and sits on 1.2 acres of lush, wooded grounds and seamlessly marries historic elegance with contemporary comfort. . . Upon entering…
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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…
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Inside Montco Native Bradley Cooper’s $6.5 Million New Hope Farmhouse
Award-winning actor and Montgomery County native Bradley Cooper acquired a 33-acre farmhouse in New Hope, writes Mary K. Jacob for the New York Post. This $6.5 million purchase is amid his budding romance with supermodel Gigi Hadid, whose mother Yolanda, resides nearby. The six-bedroom, six-bathroom house dating back to 1704, spans over 6,300…
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Logistics Center Proposed for Former Tank Farm in Darby Township
A four-building, 1.3-million square-foot logistics center is being proposed on the edge of Delaware County in Darby Township, writes Ryan Mulligan for Philadelphia Business Journal. Stream Realty Partners out of Dallas is proposing a warehouse development on 106 acres off Calcon Hook Road at the former Darby Creek Tank Farm oil storage site owned by…
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Comcast President Puts His Chestnut Hill Estate For Sale For $8.495 Million
Comcast President Michael Cavanagh has listed his 13,000-square-foot Chestnut Hill estate on the market for $8.495 million, writes Ryan Mulligan for the Philadelphia Business Journal. Cavanagh and his wife, Emily, purchased the four-acre home in 2016 for $4.32 million, property records show. His estate comes with an adjacent property that can be used to build…
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Historic Church in Fishtown That Was Converted to Residences, Studio Hits Market for $3.5M
A historic, more than 150-year-old former church in Fishtown that was later converted to a multifamily residence and artist studio will soon hit the market for $3.5 million, writes Ryan Mulligan for the Philadelphia Business Journal. The three-property property has a combined roughly 17,500 square feet of space. This includes 14,000 square feet of above-ground…
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New Jersey-Based Developer Obtains $46M Loan for New Industrial Warehouse in Northeast Philadelphia
Greek Real Estate Partners, a New Jersey-based development firm, recently obtained a $46 million loan for a new industrial warehouse building in Northeast Philadelphia, writes Paul Schwedeslon for the Philadelphia Business Journal. The developer completed the 287,000-square-foot building earlier this year. Back in 2021, Greek Real Estate acquired the 21-acre property for $31.5 million. From…
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JSC Real Estate Acquires Northern Liberties Property, Plans New Retail Site
JSC Real Estate has purchased a Northern Liberties corner property for $2.7 million and is planning to pursue a new retail site there, writes Ryan Mulligan for the Philadelphia Business Journal. According to JSC Real Estate President Jordan Claffey, the firm and a group of undisclosed partners plan to invest between $2 million to $3…
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House of the Week: Beautiful Fully Renovated Stone Colonial in Wynnefield
A beautiful fully renovated stone colonial with 9 individual rooms and 9 private full bathrooms is available for sale in Wynnefield. Each room of this beautiful house features a mini split AC system and a wall unit heater. . . Among the highlights includes a kitcheonette with kitchen cabinets, a sink, granite countertops, microwave, and…
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Fishtown Post Office Property Goes On the Market, Redevelopment Opportunity Possible
A post office in Fishtown has been put up for sale with it likely being redeveloped after finding a buyer, writes Paul Schwedeslson for the Philadelphia Business Journal. For 61 years, the Fishtown property has been a part of the bustling Frankford Avenue commercial corridor. The 12,000-square-foot, 0.28-acre property is owned by the Ricciardi family,…
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Insurance Giant Chubb Sells Old City Building to Central Park Tower Developer As Move Looms
Chubb, the Zurich-based insurance giant has sold its former Old City office building to Extell Development, a New York developer known for its Central Park skyscrapers, writes Jake Blumgart for The Philadelphia Inquirer. The building at 436 Walnut Street sold for $30 million, under its current assessed value, after last being sold in 2004 for…
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Mid-Atlantic Buying: Delaware County Still Has Affordable Homes
Delaware County is one of only five counties in the entire Mid-Atlantic where a typical homebuyer can still afford a typical home, writes Michaelle Bond for The Philadelphia Inquirer. The median asking price of homes in Delaware County in the last quarter of 2025 was $289,450, and the median household income was about $89,500. An…
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