Penn Medicine Acquires Montgomeryville Site for $7.5M

Penn Medicine Acquires Montgomeryville Site for $7.5M, Proposing Construction of an Outpatient Care Center

Penn Medicine recently finalized the acquisition of a 12-acre plot in Montgomery County for the development of a state-of-the-art multi-specialty outpatient care center.

The purchased land, situated at 200 Dekalb Pike, amid Welsh and Knapp roads within Montgomeryville’s boundaries in Montgomery Township, was procured from HRD Investments LLC, according to county property records.

Previous presentations made by Penn Medicine to Montgomery Township officials had outlined their intentions for this specific site

*Article courtesy of Philadelphia Business Journal

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