Germantown Campus Repositioning
Repositioning a Historic Religious Campus in Philadelphia
We collaborated with our long-term clients, the Congregation of the Mission’s Eastern Province, to define and develop potential real estate strategies for their campus in Germantown, Philadelphia, a site that has been continuously occupied by the organization since 1851. Our role included an investigation into building condition and current utilization, area real estate trends, and into potential repositioning opportunities. This planning work was consistently evaluated against the Congregation’s short and long-term needs.
Our goal is to make the campus work better for everyone and be a great place for years to come.
When we’re undertaking real estate advisory assignments, some of the key questions we consider are:
- How does the current size and footprint of the campus support current and future program?
- What are the current operating, deferred maintenance, environmental, and other carrying costs across the complex? Is this sustainable in the long term?
- Are there opportunities for asset repositioning or monetization? Are the associated risks worth the potential reward?
- What is the political environment and what are the community considerations?
Existing Property in Germantown, PA
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Emily Puhnaty, Director of Business Development & Communications
212-533-1600
ep@dbiprojects.com