Davin Lamm and Jim Wilson of Ardmore-based Mahoney Realty Group represented the seller, and the buyer was represented in house. The building is located within two miles of City Line Avenue with easy access to I-76 and one mile from the Septa regional rail station.
BPG is the real estate investment manager for Philadelphia-based Berwind Property Group and other institutional investors. Cook says his company "made significant capital improvements, including HVAC and renovations to the first-floor lobby and common areas." The building was built in 1956, renovated in 1993 and again in 2005.
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