From Pulse 2.0 · Amit Chowdhry · · 1m
Parkway Acquires New Hope Parking
Parkway Corporation adds New Hope, Pennsylvania parking to expand national portfolio.
In brief
Parkway Corporation adds New Hope, Pennsylvania parking to expand national portfolio. Parkway Corporation acquired a surface parking lot and two leased buildings in New Hope, Pennsylvania to grow its national parking assets. Originally reported by Pulse 2.0.
New Hope Acquisition
Parkway Corporation acquired a surface parking lot and two fully leased commercial buildings at the intersection of Main and Bridge Streets in New Hope, Pennsylvania.
Strategic Location
The property is near retail, dining, entertainment, and cultural destinations that attract residents, day visitors, and overnight travelers.
Key Attractions
Nearby attractions include the Bucks County Playhouse, Ferry Market, and New Hope & Ivyland Railroad.
Bridge Access
Its location at the New Hope-Lambertville Bridge provides access to destinations and events on both sides of the Delaware River.
Consistent Demand
Parkway expects this combination of local and visitor traffic to produce consistent parking demand throughout the week.
The big picture
Parkway Corporation acquired a surface parking lot and two leased buildings in New Hope, Pennsylvania to grow its national parking assets.
