10C — March 24 - April 13, 2017 — The Best of 2016 — M id A tlantic

Real Estate Journal


The Best Student Housing Project of 2016 Torcon, Inc. Rowan University Holly Pointe Commons Glassboro, NJ Rittenhouse Realty Advisors Spring Hamilton Apartments Philadelphia, PA

Size : 302,900 SF Torcon, Inc. served as the construction manager for the completion of a $145 mil- lion student housing project on Rowan University’s campus in Glassboro, New Jersey. Completed in August of 2016, the new 302,900 SF residential facility, added on-campus housing for 1,400 freshmen students. The project, named Holly Pointe Commons, consists of dual 4-story and 7-story buildings interconnected by a three-level bridge and features an innovative, serpentine shaped footprint, creat- ing a campus oval with greenspace for student gatherings. Additionally, the proj- ect features a 20,000 square foot dining facility, seminar rooms and convenient access to laundry service. Designed with sustainability incorporated into every detail, Holly Pointe Commons is targeting LEED Silver certification.

Size: 35,400 SF, 114 Bedrooms Brokers: Ken Wellar, Corey Lonberger, Mark Duszak This 39 unit student apartment property has an excellent unit mix and bed/bath parity, with 95% of the units having three bedrooms and three bathrooms. Each unit has upgraded finishes, including granite countertops and stainless steel appliances. The prop- erty also features ample bicycle storage, on-site laundry facilities, a fitness room, a study room, a video camera system and sprinklered fire system, as well as 14 onsite parking spaces. The property has had high occupancy since it was constructed. The University City/ Powelton Village neighborhoods are home to world class educational facilities and hospitals, including Drexel Universi- ty, University of Pennsylvania and the Hospital of University of Pennsylvania (Penn Medicine), and Children’s Hospital of Philadelphia (CHOP).

2016 TOP SALES BROKERS & BEST STUDENT HOUSING DEAL Congratulations Ken Wellar, Corey Lonberger, and Mark Duszak!



CHARLWIN APARTMENTS East Falls, Philadelphia, PA 32 Units | $4,400,000 FOR SALE


THE BLENHEIM University City, Philadelphia, PA 55 Units | $8,100,000 FOR SALE

TEMPLE STUDENT HOUSING Philadelphia, PA 35 Bedrooms | $2,750,000

BLOOMSBURG STUDENT HOUSING Bloomsburg, PA 95 Bedrooms | $4,125,000

Ca l l ( 215 ) 454 - 2852 for a FREE Proper t y Va l uat i on !

KenWellar, Managing Partner ken@rittenhouserealty.com

Mark Duszak, Director mark@rittenhouserealty.com

Corey Lonberger, Managing Partner corey@rittenhouserealty. com

For information visit www.RittenhouseRealty.com or call (215) 454-2852

Made with FlippingBook - Online catalogs