Sale of Former Canal House, New Hope, PA & DelVal International Trucks, Lansdale, PA

The former Canal House Restaurant & Hotel at 28-34 Mechanic Street in New Hope, Bucks County, PA has been sold to 28 Mechanic Street Investors, LP for $1,325,000.  The Purchaser is planning a new residential condominium development in conjunction with an assemblage of two other properties at the site.

In Lansdale, Montgomery County, PA, APTCOR COMMERCIAL, REALTORS has sold the former facilities of DelVal International Trucks at 611 South Broad Street to Hancock Properties/Torypete Construction Management in an assemblage linking the property to the re-development of the former Gary's Plaza Shopping Center in Lansdale. The newly redeveloped center will be known as The Pavilion at Lansdale Shopping Center. The approximately 30,000 SF International truck dealership was purchased for $1,200,000 and was the fifth property to be assembled with the shopping center redevelopment.

APTCOR COMMERCIAL, REALTORS represented both parties in each transaction.

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