Transactions

2500 York Road - ExteriorWe are proud to share with you, some of Penn’s Grant Realty Corporation’s recent transactions. We have successfully represented many Sellers, Buyers, Landlord and Tenants, and we hope we can assist you in your future endeavors. Commercial real estate is what we do, and we will bring our many years of experience and expertise to making your business transaction a success too!

February 28, 2017 SOLD – OFFICE CONDOMINIUM, YARDLY, PA
Kurt Eisenschmid sold 301 Oxford Valley Road, Unit 1603 A & B ($305,000)

February 23, 2017 SOLD – OFFICE CONDOMINIUM, FOUNTAINVILLE, PA
Gary Funk representing the buyer sold 5049 Swamp Road, Unit C-1 ($154,900)

January 27, 2017 – SOLD – FREESTANDING RETAIL BUILDING, YARDLEY, PA
Modern and attractive 3,100 SF former bank branch retail building, sold for $1,100,000.  The Property offers high visibility on Oxford Valley Road, the gateway into Lower Makefield Township. This facility is situated at a signalized intersection and easily accessed by the business community and a large affluent residential community within minutes of this outstanding location.  Kurt Eisenschmid represented the seller and buyer in this transaction.

January 6, 2017 – SOLD – COMMERCIAL LAND, PIPERSVILLE, PA
A one acre commercially zoned land, located on Route 611 next to the new Tractor Supply (another of Penn’s Grant recent transactions).  Gary Funk represented both Buyer and Seller.

December 8, 2016 – SOLD – COMMERCIAL BUILDING, WARWICK,PA
Gary Funk representing the Seller, sold this 7,500 SF building.  Sitting on 0.77 acres the freestanding structure contains 2,000 SF office and 5,500 SF warehouse.

October 31, 2016 – SOLD – DOYLESTOWN, RETAIL CONDO
Penn’s Grant Realty’s Kurt Eisenschmid represented the seller and Gary Funk represented the buyer, together sold this very desirable retail location.  Located on N. Easton Road, this 3,812 SF unit sold for $750,000.

October 4, 2016 – SOLD – HORSHAM INN, HORSHAM, PA
Representing the seller and buyer Kurt Eisenschmid sold this high visibility property situated on Route 611 (Easton Road).  The site is on 0.76 acres and structure features a bar/restaurant and apartments totaling 5,592 SF.  The sale included a liquor license.

August 11, 2016 – SOLD – 35,000 MANUFACTURING/WAREHOUSE FACILITY, CHALFONT, PA
Kurt Eisenschmid sold the 35,000 sq. ft. industrial property located at 121 Liberty Lane in the New Britain Business Park, Chalfont, Pennsylvania for $2,250,000.  This free standing manufacturing facility was the former home of Skee-Ball and was purchased by Dejana Trucking, a New York based company for their new Pennsylvania fabricating/assembly plant.

July 29, 2016 – SOLD – FLEX INDUSTRIAL CONDOMINIUM, WARMINSTER, PA
Gary Funk represented the Seller in the sale of 2031 Stout Drive, Unit 3. The unit consist of 2,275 SF located in an industrial park.

July 28, 2016 – LEASED – OFFICE LOCATION, DOYLESTOWN, PA
Council of Southeast Pennsylvania, Inc. has leased 4,279 SF of office space located at 4459 W. Swamp Road, Doylestown, PA.  This property was leased by Gary Funk on the behalf of the Landlord.

June 29, 2016 – SOLD – FREESTANDING RETAIL BUILDING, PERKASIE BOROUGH, PA
2,400 SF retail space with a corner location.  Gary Funk represented the seller in the sale of 6 S. 4th Street, Perkasie, PA

June 22, 2016 – SOLD – PROPERTY FOR FUTURE RETAIL DEVELOPMENT
Kurt Eisenschmid created an assemblage and sold three properties at 3645 N. Easton Road and 3659 N. Easton Road, Doylestown, comprising of 3.5 acres for $3,350,000. This property was purchased by a developer for a future retail development.

June 14, 2016 – SOLD – OFFICE CONDOMINIUM, HATBORO, PA
Kurt Eisenschmid representing the Seller and Buyer sold Hatboro Manor, 122 N. York Road, Units 8 & 9. This office condominium consisting of 2,193 SF of office space was purchased by a Dental Practice, which has plans to do a complete rehab of the space.

May 11, 2016 – SOLD – OFFICE BUILDING, WILLOW GROVE, PA
Representing both Buyer and Seller, Kurt Eisenschmid sold 2720 Terwood Road in Willow Grove for $280,000 ($153.34 PSF). This location will become the new offices of a market research firm.

May 1, 2016 – LEASES – 41 APPLETREE LANE, BEDMINSTER, PA
2,500 SF, multi-year lease of an industrial flex space to Pjam FITNESS. Gary Funk represented the Landlord.

May 1, 2016 – LEASES – RETAIL STORE IN DOYLESTOWN, PA
Gary Funk representing both Landlord and Tenant, leased 2,000 SF to Fast Signs, located at 826 N. Easton Road, Doylestown, PA.

April 22, 2016 – SOLD – AUTO DEALERSHIP LOCATION, DOYLESTOWN, PA
Kurt Eisenschmid representing the Seller, structured the sale of 854 N. Easton Road, Doylestown, PA as part of a 1031 tax deferred exchange. This property consists of a 16,000 square foot car dealership on 4.86 acres and sold for $4,200,000.

April 18, 2016 – SOLD – PENN’S COURT OFFICE CONDOMINIUM
Kurt Eisenschmid sold 350 South Main, Unit C1, in the Doylestown Borough. This 3,300 SF office suite sold for $407,000. Representing a strategic acquisition by the Buyer to expand its business operations.

April 1, 2016 – SOLD – GAS STATION/CONVENIENCE STORE
Gary Funk represented the seller of 7693 Easton Road, Tinicum Township, Bucks County, PA. This property includes 1.5 acres with an established gas station and 1,000 SF mini-mart.

March 31, 2016 – SOLD – 25,000 SF INDUSTRIAL BUILDING, CHALFONT, PA
Kurt Eisenschmid represented the Buyer, BOA Holdings, LLC in the acquisition of 600 Horizon Drive, Chalfont, PA for $1,600,000. The acquisition was structured as a sale/leaseback transaction with the Seller entering into a long term lease agreement with the Buyer for a portion of the building. BOA Holdings will renovate the balance of the building for Helios Data Services, Inc., which is relocating its direct mail business into 15,000 SF of the building.

March 30, 2016 – SOLD – INDUSTRIAL LAND LOCATED IN NEW BRITAIN, PA
Representing the Seller, Gary Funk sold 324 Schoolhouse Road, New Britain Township, Bucks County, PA. The property consists of 6 acres of Industrial zoned land with an old farm house and barn.

March 30, 2016 – LEASED – PENN’S PURCHASE OFFICE SPACE
Edward Jones & Co. leased a 1,132 SF office space located at 5860 Lower York Road, Lahaska, PA. Gary Funk represented the Landlord.

March 28, 2016 – LEASED – 826 N. EASTON ROAD, DOYLESTOWN
Doylestown Dance Centre is moving to a new 2,200± SF space at 826 N. Easton Road in Plumstead Township. Gary Funk represented the Landlord in this transaction.

March 23, 2016 – LEASED – 174 N. MAIN STREET, DUBLIN
Gary Funk assisted Andrew Schatz in relocating his insurance business to a new 1,197± SF office space at 174 N. Main Street in Dublin Borough (“Federal Court” building). Gary represented both the Landlord and Tenant in this transaction.

March 22, 2016 – SOLD – OFFICE BUILDING IN DUBLIN
Gary Funk represented the Seller in the sale of a multi-tenant building at 149 N. Main Street. A current tenant is the new owner.

March 15, 2016 – LEASED – RETAIL SPACE IN LAHASKA
The European Home Collection recently leased retail and storage space at 5860 Lower York Road, Lahaska joining many other fine stores at this location. Gary Funk represented the Landlord and Tenant in this transaction.

March 11, 2016 – LEASED – PENN’S PURCHASE RETAIL SPACE
The Flip Flop Shops leased a 1,681 SF retail space located at 5860 Lower York Road, Lahaska, PA. Gary Funk represented both Landlord and Tenant in this lease.

March 1, 2016 – LEASED – WAREHOUSE SPACE
Gary Funk represented both Landlord and Tenant in the leasing of 5,000± SF of warehouse space at 35 Appletree Lane, Bedminster Township, PA.

February 1, 2016 – LEASED – PLUMSTEAD COMMONS, 4,000± SF
Representing the Tenant, Gary Funk leased this Industrial Flex Condo located at 6151 Kellers Church Road, Plumstead Township, PA

January 5, 2016 – SOLD – LAND FOR A FUTURE LOCATION OF WEIS SUPERMARKET
Kurt Eisenschmid represented the seller in this $2,100,000 transaction of 10 acres of land on the corner of Route 313 and Route 113 in Bedminster Township. Weis Market plans to build a 62,000 SF supermarket at this location.

January 4, 2016 – SOLD – 150,000 SF INDUSTRIAL BUILDING
Kurt Eisenschmid represented the buyer, D & B Pharma Real Estate Partners, L.P. in the acquisition of 200 Park Avenue in Warminster, PA for $3,851,100. D & B Pharm will renovate this facility on the behalf of the Tenant, i3 Pharmaceuticals, a new pharmaceutical company that will develop and manufacture generic prescription products.

December 24, 2015 – SOLD – 3,980 SF PROFFESSIONAL OFFICE SUITE
Kurt Eisenschmid represented Inner Health Properties, L.P. in the sale of its professional office space to an internal medicine practice, which is relocating and expanding their practice to this property.

December 16, 2015 – SOLD – INDUSTRIAL BUILDING, PLUMSTEADVILLE, PA
Gary Funk represented both Buyer and Seller in the sale transaction of 32 Appletree Lane, Plumsteadville, PA. Aflex Hose a U.K. based company purchased the 21,053 SF building for its US operations.

December 1, 2015 – LEASED -RETAIL/OFFICE LOCATION, Chalfont, PA
Willow Health is moving to a 2,500 SF Retail/Office space located at 4309 County Line Road, Chalfont, PA. This property was leased by Gary Funk on the behalf of the Landlord.

November 30, 2015 – SOLD -RETAIL INVESTMENT IN PLUMSTEADSVILLE, PA
Gary Funk representing an Investor in the purchase of 6041 Keller Church Road, Plumstead Crossing shopping center.

November 18, 2015 – SOLD -OFFICE BUILDING, QUAKERTOWN, PA
Gary Funk represented the Landlord in the sale of 332 W. Broad, a 3,250 SF high visibility, high traffic, professional office building in downtown Quakertown.

November 10, 2015 – SOLD –INDUSTRIAL SITE, NEW BRITAIN TOWNSHIP, PA Gary Funk representing both the Buyer and Seller of 8+ Acres of Industrial Land approved but not improved land located at 324 Schoolhouse Road, New Britain, PA.

November 4, 2015 – SOLD – 8,600 SF FREESTANDIG BUILDING, DOYLESTOWN BOROUGH, PA
Kurt Eisenschmid representing Temple Judea in sale of their former location, 300 East Swamp Road, Doylestown, PA.

September 17, 2015 – LEASED – OFFICE/RETAIL LOCATION, WARMINSTER, PA
Huntingdon Valley Bank leased this newly renovated 6,346 SF space on a long term lease for their mortgage division at 1388 W. Street Road. This property was leased by Kurt Eisenschmid on the behalf of the Landlord.

September 14, 2015 – LEASED – 1410 W. Street Road, Warminster
Fortune Group International, Inc. leased a professional office suite for the relocation of their executive recruitment firm.  Kurt Eisenschmid represented the Landlord in this transaction.

September 8, 2015 – LEASED – PROFESSIONAL OFFICE SPACE IN YARDLEY, PA
Kurt Eisenschmid represented Boenning & Scattergood, Inc.  in the relocation of their investment advisory service office to Yardley , PA

September 4, 2015 – LEASED – GWYNEDD GATE PROFESSIONAL OFFICE CAMPUS
Representing the Landlord, Kurt Eisenschmid leased a long term office rental to Momentum Advance Planning for their new Lower Gwynedd, Pennsylvania location at 1600 Bethlehem Pike.

September 3, 2105 – SOLD – KENNY’S SPIRITED EATERY, SOUTHAMPTON, PA
Chefs International purchased 1134 Street Road for $1,750,000 which included real estate, liquor license and equipment. This property was listed and sold by Kurt Eisenschmid.

August 21, 2105 – SOLD – 6141 KELLERS CHURCH ROAD, PLUMSTEAD, PA
A 5,000 SF Industrial Flex Unit in Plumstead Commons listed and sold by Gary Funk for $517,500, to a medical supply company.

August, 2015 – LEASED – DOYLESTOWN COMMERCE CENTER
Kurt Eisenschmid,  represented the Landlord and leased over 28,000 SF of Class “A” office space to BioClinica, Inc. (10,659 SF), Fidelity Inspection Consulting Services, Inc. (5,950 SF), Centric Bank (2,771 SF), and Adelphi  Research By Design, LLC (8,877 SF)

August, 2015 – LEASED – 2,478 SF LANTERN HILL OFFICE BUILDING, DOYLESTOWN, PA
Kurt Eisenschmid, representing the Landlord, leased this professional space consisting of 2,478 SF on a long term lease to Independence Tax Service, LLC.

August 17, 2105 – SOLD – 261 SCHOOLHOUSE RD, SOUDERTON, PA
Kurt Eisenschmid successfully sold this user/ investment industrial listing, consisting of an 80,000 SF multi-tenant building situated on 10.9 acres for $5,400,000.

August 12, 2105 – SOLD – DOYLESTOWN AGRICULTRAL WORKS
Kurt Eisenschmid successfully facilitated the sale transaction of this historic retail and office investment assignment for the Doylestown Agricultural Works, Doylestown, PA for $7,168,900 plus $150,000 for the Liquor License.

August 1, 2015 – LEASE – INDUSTRIAL FLEX UNIT, PLUMSTEAD, PA
Gary Funk represented the Tenant Princeton Cryo Tech in a long term lease of a 4,000 SF space, located at 6191 Kellers Church Rd.

July 31, 2105 – SOLD – A DEVELOPMENT OPPORTUNITY SITE IN PIPERSVILLE, PA
Gary Funk sold his listing located at 6719 Easton Road, consisting of two commercial buildings situated on 5.13 acres for $1,200,000. This development opportunity will soon to be the new home to Tractor Supply, a national retailer.

July 8, 2015 – LEASED –HIGH VISIBILITY RETAIL STORE LOCATION IN BUCKINGHAM GREEN SHOPPING CENTER
Kurt Eisenschmid represented the Landlord in this long term lease transaction to Good Stuff Thrift in their latest retail location, consisting of 6,000 SF.

July 1, 2015 – LEASED –RETAIL/OFFICE LOCATED AT PENN’S PURCHASE, LAHASKA, PA
Between the Seas Mediterranean Gallery rented a store consisting 1,362 SF. Gary Funk represented the Landlord in this long term lease transaction.

June 3, 2015 – SOLD – 301 OXFORD VALLEY ROAD, YARDLEY
A professional office condominium closed for $195,000 and sold by Kurt Eisenschmid to an accounting firm.

May 21, 2015 – SOLD – INDUSTRIAL REDEVELOPMENT IN PERKASIE, PA
Gary Funk’s listing on Callowhill Street settled for $739,040 to an investor/developer closed via a 1031 Tax Deferred Exchange.

April 16, 2015 – SOLD – PROFESSIONAL OFFICE CONDOMINIUM IN DOYLESTOWN, PA
“The Atrium” 301 S Main Street, Suite 2W, Gary Funks listing sold for $240,000.

April 10, 2015 – SOLD –HIGHLY VISIBLE FREESTANDING COMMERCIAL BUILDING
Kurt Eisenschmid sold his listing at 856 North Easton Road in Doylestown for $3,550,000 consisting of 19,790 SF, on 4.34 acres.  Future home Altomonte’s Italian Market!

April 5, 2015 – LEASE – INDUSTRIAL FLEX UNIT, PLUMSTEAD, PA
Gary Funk represented the Landlord in a long term lease of a 5,000 SF space, located at 6131 Kellers Church Rd.

April 1, 2015 – SOLD – HYDE PARK PROFESSIONAL OFFICE CONDOMINIUM
Gary Funk sold his listing Suite 713 in Hyde Park, Buckingham, PA for $255,000.

March 24, 2015 – SOLD – 212 RAILROAD DRIVE, NORTHAMPTON TOWNSHIP – INDUSTRIAL BUILDING
This freestanding, fully air conditioned and renovated industrial building, consisting of 12,100 SF, situated on 1.95 acres, was listed and sold by Kurt Eisenschmid for $1,250,000.

February 24, 2015 – LEASE – 819 EASTON ROAD, WARRINGTON, PA
Gary Funk represented the Landlord in the Lease of their space of 1,440 SF to Tada gan iarracht, LLC

January 30, 2015 – LEASE –RETAIL LOCATION IN PENN’S PURCHASE, LAHASKA, PA
Gary Funk, representing the Landlord, rented Resurrection Consignment their new 1,152 SF space at 5788 York Road.

January 15, 2015 – SOLD – 80 & 90 North Main Street, Sellersville, PA
Gary Funk’s listing of this office building sold for $950,000 to a user to expand their business operations