Above: Renderings of the exterior and interior courtyard at 2476 Swedesford Road, a 276,000 SF facility currently undergoing a major transformation into a "Class A" office space.

Below: Exterior and interior renderings of a second "Class A" office in the same complex as the building above: Great Valley Commerce Center in Malvern, PA.

Great Valley Commerce Center: A New Development for 2009!

Exeter Property Team: Ward Fitzgerald, President; Rob Jones, Senior Principal; Henry Steinberg, Principal, Investment Officer/Asset Manger/Northeast; and Jason Honesty, Vice President of Construction

Meyer Project Team: George T. Wilson AIA LEED AP, Principal-Meyer Architects; Dan King AIA, Project Manager; Susan Gauld, Senior Project Designer; Matt Albitz, Project Designer and Kate Fox, Project Designer

Strategic Realty Team: Joseph Corcoran, President and Michael MacCrory, Acquisitions Officer

This latest venture of Exeter Property Group boasts a total of 356,000 square feet of "Class A" office space at Great Valley Commerce Center in Malvern, PA.

These two buildings - a single-story 276,000 square foot facility and a 2-story 80,000 square foot building - are undergoing a major revitalization from outmoded 1960s office buildings into a modern, sophisticated design to capture the attention of prospective tenants. Strategic Realty Investments LLC is representing Exeter's interest in leasing the property.

Great Valley Commerce Center is easily accessible to Rt. 202, just minutes from I-76 and the Pennsylvania Turnpike, and located about 1 mile from a new retail development, Uptown Worthington, which will feature upscale shopping, dining and other entertainment.

Previously leased by a single occupant, these buildings are being converted for multi-tenant use with an abundance of upscale highlights and amenities. The single-story building located at 2476 Swedesford Road will feature a new front façade and lobby, magnificent interior courtyard with sweeping skylights, a cafeteria with stainless steel finishes and a new fitness center. The two-story facility at 1000 North Cedar Hollow Road will primarily consist of "Class A" office space with a new main lobby, entrance canopies, new windows and a retrofit of the stairwell to include a new elevator. Exeter Property Group is targeting for completion late summer, 2009.

Exeter Property Group's management team is comprised of professionals with extensive experience in acquisition, development, leasing, construction, and asset and property management. Exeter regularly pursues transactions ranging from $5 million single-asset acquisitions to $500 million portfolio acquisitions. Exeter also acquires land for speculative and build-to-suit development. As a value-add investment fund, Exeter typically targets opportunities with vacancy or lease rollover risk, properties that require repositioning and redevelopment, and complex transactions.

Since its inception, Strategic Realty Investments LLC has successfully developed over 5 million sq. ft. of real estate throughout the northeast corridor, including 750,000 sq. ft. of office space and 600 residential units totaling more than $150 million. The company's expertise in the field of brownfield redevelopment and urban infill development enables its investors, partners, tenants, and communities to profit from the transformation of underused prime market locations into much-needed commercial and multifamily properties.

 


Meyer Design, Inc.
227 East Lancaster Ave. Ardmore, PA 19003
Tel: 610.649.8500 Fax: 610.649.8509 E-mail: jgould@meyerdesigninc.com

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