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WP Realty acquires 100 New Gulph Road

WP Realty, a real estate investment, development, management and leasing company headquartered in Bryn Mawr, Pennsylvania, is pleased to announce the acquisition of 100 New Gulph Road, in Gulph Mills, Pennsylvania on April 15, 2008.

The property is a 7,560 square foot commercial building that is located at the intersection of New Gulph Road, Old Gulph Road and Route 320 in Upper Merion Township.

It is has excellent visibility along Route 320, a heavily traveled thoroughfare from the eastern Main Line suburbs to King of Prussia, where one of the nation’s largest malls attracts tourists and shoppers from around the world. The King of Prussia Mall features 400 stores and restaurants, and such prestigious retailers as Neiman Marcus, Nordstrom and Bloomingdale’s. Upper Merion is home to over 9.5 million square feet of office space, and has developed into one of the most sought after areas in the region to live and work.

The beautiful three-story building is occupied by Savona, an upscale fine dining restaurant serving gourmet French and Italian cuisine. Savona has been ranked as one of the region’s finest dining destinations. The property is approximately 215 years old and is complemented by attractive landscaping. It is easily accessible from a signalized intersection at New Gulph and South Gulph Roads. Also close by is an Interstate 76 exchange, a main thoroughfare to center city Philadelphia, only fifteen miles away.