Brandywine Realty Trust based in Radnor PA said it had more than 80 Energy Star-rated buildings in its 2012 portfolio
Commercial Archive
New Emergency Plans In Progress For Commerce Park
New tenants have flocked to the Tri-County Commerce Park on Armand Hammer Boulevard in Lower Pottsgrove PA, township Fire Marshal Lew Babel said. Now he’s working on plans to respond to future emergencies there
Office Real Estate Needs Continue To Shrink. Here’s Why …
NEWTOWN SQUARE PA – Here’s the kind of news that probably causes commercial agents, specifically those dealing in office real estate, to break out the antacids. Citrix – the company that developed “GoToMeeting” software that lets team members in distant locations talk and see each other in virtual meetings on the web – completed a
Slow Rebound, Higher Occupancy In 2013, Liberty Predicts
MALVERN PA – Liberty Property Trust, whose commercial real estate portfolio consists of 650 office, distribution and light manufacturing properties that serve 1,800 tenants, said Tuesday (Dec. 11, 2012) that although it expects economic conditions during 2013 to slowly improve there may be few acquisition opportunities. In his forecast for the coming year, Liberty CEO
Universal Health Realty Income Trust Increases Dividend
KING OF PRUSSIA PA – Universal Health Realty Income Trust, a real estate investment trust that invests in health care and human service related facilities, said Friday (Dec. 7, 2012) that its board of trustees voted to increase its quarterly dividend by $.005 and pay a dividend of $.62 per share on Dec. 31 to
Beauty Retailer Holds Distribution Center Grand Opening
by Burt Stein, Business Editor for The Post Publications CHAMBERSBURG PA – ULTA Beauty, the beauty, grooming, and salon goods and services retailer with store locations in Collegeville and Exton, announced Wednesday (June 13, 2012) it would conduct a grand opening for its new 373,000-square-foot distribution center at 95 Kriner Rd., Chambersburg. The Chambersburg location
Weis Markets Opens Three New PA Locations Saturday
POTTSTOWN PA – Weis Markets, the grocery retailer that operates a store on Shoemaker Road in Pottstown and which recently upgraded its East Philadelphia Avenue store in Gilbertsville, on Saturday (June 16, 2012) at 6 a.m. will open three new locations that resulted from its earlier purchase of former Genuardi’s Family Markets sites, the company
LCB Looking For New Retail Location In Schwenksville
SCHWENKSVILLE PA – Schwenksville’s Wine and Spirits Shoppe, operated by the state Liquor Control Board, may be on the move … but apparently not far. The retail liquor operation is currently located at 100 Main St., but the board recently published a legal advertisement that announced it was seeking a “new or existing retail commercial
Collegeville Transplants NJ Entrepreneur On Main Street
Collegeville’s Main Street Manager knows how tough running a small business can be. She’s done it herself COLLEGEVILLE PA – Rachael Morrison, formerly the revitalization director of Sea Isle City NJ,has been hired by the Collegeville Economic Development Corporation as the new manager of the borough’s Main Street Program. Her work to revitalize Collegeville’s commercial
Compromise Flat Fee Proposed For Marcellus Shale Gas Wells
HARRISBURG PA – Representatives of Gov. Tom Corbett and majority Republicans in the Pennsylvania Legislature worked through Sunday (Feb. 5, 2012) to reach a tentative agreement that would impose a fee on drillers who extract natural gas from Marcellus Shale, buried almost a mile underground across much of northern and western Pennsylvania. The drilling fee