Colliers

The 33,000 square foot modern auto dealership facility occupies 7.3 acres at a highly trafficked and newly signalized intersection in the growing Exton market of Chester County in Philadelphia's Western Suburbs.

James Breeze, Pete Quinn and Gregg Healy of Colliers International highlight big-box fundamentals, take a look at demand factors and assess what lies ahead for 2019.

The sale will allow Somerset to transform the vacant former AT&T campus into the Chicago region's first “Metroburb,” modeled after its successful NJ version.

Plans for the site, which are still indefinite, are expected to include commercial and industrial repurposing as well as potential institutional, educational and residential components.

“Chris understands the many nuances of the Chicago retail market and is the right person—with the charisma, skill and network—to help us successfully launch this platform here in the region," says Jim Carris, Colliers' Chicago market leader.

The overhaul of the lobby and introduction of amenity floor with food service, conference and social space will anchor a repositioning for Conshohocken's top transit-oriented office property.

The new tenants offer poke bowls, Thai ice cream, and mortgage loans in a location already occupied by a Dunkin Donuts.

Location and other building attributes made the facility the ideal choice for Astronics' expansion, says Chris Volkert of Colliers.