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Council appoints Main Line Executive Realty to manage 201 Stateline after review of two bids
Summary
After reviewing two proposals and discussing fees and potential brokerage overlap, Norworth Borough Council voted July 15 to appoint Main Line Executive Realty as the property management firm for the municipally owned building at 201 Stateline.
Norworth Borough Council voted 7–0 on July 15 to appoint Main Line Executive Realty as property manager for the borough-owned building at 201 Stateline, following staff review of two proposals.
Staff told council that five firms expressed interest after the borough's request for proposals; two submitted formal proposals: Main Line Executive Realty (a firm that previously managed the property) and Geist Realty. Main Line proposed a flat-rate brokerage/management…
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