New York-based partners David Werner Real Estate Investments and GreenBarn Investment Group are planning to add up to 1.4 million square feet of new office, lab and manufacturing space to the Bridge at Collegeville. The partners acquired the 340-acre office and life sciences campus in Upper Providence Township last August for a reported $180 million from Pfizer, which continues as a current tenant. The Bridge currently has 14 interconnected office, life sciences and mixed-use buildings. It is 79% occupied and features tennis courts, a licensed heliport, walking trails and access to the Perkiomen Trail. Renovation plans include a new entrance to a "dramatic" atrium along with a new fitness center, golf simulator, pickleball courts, an outdoor fire pit, an amenity center and a food truck plaza.
Source: Philadelphia Business Journal; 5/6/2024