Vanguard Group has expanded its footprint in Malvern by buying 1400 Atwater Drive, a pair of connected five-story buildings totaling 300,000 square feet near the Pennsylvania Turnpike’s Route 29 interchange. Since 2018, the investment firm has leased two floors, or 48,000 square feet, at the property. About 300 employees are currently in the space. *Article… Read more »
Endo International, which filed for Chapter 11 bankruptcy Wednesday, continues to maintain a small presence in Malvern where it has its U.S. headquarters. Endo, domiciled in Ireland, has had an unusual relationship with its U.S. headquarters, which it had built for itself. The pharmaceutical company’s warnings about the possibility of a Chapter 11 filing recently spooked a… Read more »
Equus Capital Partners Ltd. has sold 45 Liberty Blvd., a three-story, 136,977-square-foot office property in Malvern, for $36.3 million. FLD Group, a real estate company from Lakewood, New Jersey, bought the property that was 95% occupied and Microsoft Corp. is an anchor tenant. This is the second building FLD has purchased in the Great Valley… Read more »
