McCabe of CBRE arranges sale of five properties totaling six-acres in Willow Grove, PA
Willow Grove, PA — CBRE has arranged the sale of five properties totaling six-acres in Willow Grove. The five properties were acquired by J.G. Petrucci Company, Inc. for an undisclosed price. CBRE vice president Patrick McCabe represented the buyer in all five transactions. The new project, Station at Willow Grove, will comprise 275 new apartment units and 30,000 s/f of commercial and retail space. 8,000 s/f of the commercial space will be utilized for amenity driven activities to support the residential tenants within the project. Located directly across from the Willow Grove SEPTA train station, this new development fits J.G. Petrucci’s ground up expansion of transit-oriented development residential projects. “The Petrucci team showed great patience and resolve in addressing each seller’s needs,” said McCabe.