One Ardmore is the culmination of a successful public/private partnership between Dranoff Properties and Lower Merion Township, which served as a principal catalyst for the economic revival of Ardmore and the arrival of high-quality residential living in the downtown district.
Vial has an outstanding track record in FHA/HUD loan underwriting and proven ability to identify the right government financing product for any given project, says Draper and Kramer's president and CEO, Todd Bancroft .
Bleznak has represented some of the premier names in the retail industry including Whole Foods, CVS, Wawa, BJ's Restaurant Group, California Pizza Kitchen, Redstone American Grill, Lululemon, Dave & Buster's, A.C. Moore and Citizens Bank.
Core Acquisitions sees Ten Parkway North as a classic value-add opportunity: the building hasn't been updated in nearly 20 years, and it can be renovated and repositioned as a competitive alternative in the class A North Suburban marketplace, says Core's Bradley Joseph.
Bow Street's letter says it strongly believes that the Mack-Cali board's perfunctory response “suggests an alarming lack of commitment to good governance and long-term stockholder value, as well as an unwillingness to explore value-maximizing opportunities following years of company underperformance.”
The property offered "a great opportunity for investors to buy a core-plus building at an attractive basis with upside in one of the best locations in Center City Philadelphia," says HFF's Mark Thomson.
“This class A property at the front door to the historic Country Club Plaza will be a long-term investment for us," says City+Ventures' Chris Erickson.