Posts Tagged: Velocity Venture Partners

Velocity Venture Partners Purchase Quakertown Shopping Center

The 225,000-square-foot Richland Plaza is 90% vacant.

As tenants fled from the Richland Plaza shopping center in Quakertown, Velocity Venture Partners Founding Partner Zach Moore thought, “There’s got to be an opportunity here.” At 90% vacant, Velocity acquired the 225,000-square-foot retail center for $16.7 million on Wednesday and plans to convert it into a multi-tenant industrial site. The entire project, combining the acquisition cost… Read more »

West Conshohocken Building Sells for $7.85M building in West Conshohocken sells for $7.85M

Velocity Venture Partners has acquired the building for $7.85 million with plans to market it to tenants seeking high-visibility industrial space. The 56,000-square-foot West Conshohocken landmark at 60 Portland Road is located on 3 acres directly west of I-476. More than 115,000 vehicles pass by daily on that section of the Blue Route, making… Read more »