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Toll Brothers Relocates HQ to 203,000 SF in Horsham

HORSHAM, PA-The nation's leading luxury home builder will relocate from its 70,000-sf headquarters in Huntingdon Valley, PA and consolidate employees from there and outlying facilities to a three-story building here at 250 Gibraltar Rd.

By Marita Thomas | Updated on June 21, 2004

HORSHAM, PA-Toll Brothers Inc. acquired a three-story, 203,000-sf, class A office building at 250 Gibraltar Rd. here for its new corporate headquarters. Employees in its current 70,000-sf headquarter location on Philmont Avenue in Huntingdon Valley, PA will join others housed in outlying properties in the new facility by the end of this year.

Prudential Insurance Co. is the seller of the now-vacant property on a 17-acre parcel, which fronts Dresher and Gibraltar roads. Its interior was renovated in 2000. Among its amenities are 20-ft-high atrium lobbies, 16 conference rooms, a 150-seat conference/training room, a 235-seat full-service cafeteria, an 840-sf computer/server room, a first-floor PC training lab and parking for 995 vehicles.

Walter Czarnecki, a senior associate in the Wayne, PA office of CB Richard Ellis, represented Toll Brothers in the transaction. Philadelphia-based Flynn Co. and the following representatives of Chatham, NJ-based Garibaldi Group represented Prudential: Jeffrey J. Toia, SVP and director; Jeffrey J. Garibaldi, president; Gerald E. Moore Jr, managing director of financial services, and Gerald A. Bower Jr., VP of capital markets.

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