"Toll Brothers Inc. has closed on two local property transactions, according to real estate records. The Horsham housing developer paid $9.73 million for Applewood Meadow Associates Acquisition Corp., an entity that was developing Applebrooke Meadows with the Benson Cos. That subdivision is at Line Road and Paoli Pike in Willistown, Pa. Plans had called for the development of 144 houses. In the second transaction, Toll paid $24 million for parcels totaling 100 acres at Matrix Development Group’s Octagon Center. Toll will build 365 age-restricted residences at that project in Lower Makefield. Toll and Matrix declined comment ... Campus Apartments of Philadelphia will be involved in a multiphased upgrade to most of Shippensburg University’s on-campus housing. The first phase is a $63 million dorm that will house 900 students, a new wellness center and Honors College facilities that will break ground next year and be completed by the fall 2012 ...
Two Penn Center wrapped up three leases. Coleman Nourian Legal Search renewed on 3,872 square feet . DiClaudio & Diamondstein, a criminal defense legal firm, re-upped on 3,054 square feet. Thomas Kenney, a law firm that focuses on real estate and business law, took 3,750 square feet."
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.