Andrew Kasmen Handles the Financing for the Acquisition of Oldies.com Warehouse

March 14, 2023

Obermayer real estate partner Andrew Kasmen handled the financing for the acquisition of The Oldies.com warehouse, the unofficial mile marker in the southbound lanes of the 20-mile Blue Route, on behalf of our client Tompkins Community Bank. The West Conshohocken landmark visible from I-476 – has been purchased by Velocity Ventures Partners, a Bala Cynwyd-based private equity firm for $7.85 million.

Learn more about the deal here.

Andrew is a corporate and real estate attorney. He serves as a strategic advisor, an advocate, and a negotiator for his clients on all aspects of real estate and banking law, including acquisitions and sales of commercial and residential real property, commercial leasing, lender finance, and other transactional matters. He has experience negotiating development agreements, easement agreements, and agreements concerning covenants and restrictions for developers, property owners, and tenants.