J.G. Petrucci Company and Mediplex Property Group Announce Strategic Joint Venture Development Project

The two companies will coordinate on the development of a proposed 15-acre Master-Planned Development Campus featuring a combination of Healthcare and Retail tenancies

J.G. Petrucci Company, Inc. and Mediplex Property Group today announced the formation of a joint venture development project that, once completed, expects to introduce approximately 100,000 square feet of new healthcare and retail facilities serving Horsham, Pennsylvania residents and the surrounding communities.

The planned 15-acre campus is located at 1300 Easton Road in Horsham, across from the main entrance of the former Willow Grove Naval Air Station, representing a history of commitment by both firms to the Horsham market. J.G. Petrucci is currently developing 324,000 square feet of light industrial space just a quarter mile from the property, and Mediplex Property Group has previously developed outpatient healthcare facilities elsewhere in the Township. Still in the planning phase, the project has already attracted interest from both healthcare and retail anchor tenants, further validating the two firms’ ongoing respective commitment to this market.

The companies anticipate beginning the land development process in Q1 2027.

“We are thrilled to be partnering with Mediplex and furthering our commitment to the Horsham community,” says Greg Rogerson, Principal at Petrucci.  “The initial interest in the project has been very strong, and we look forward to delivering a best-in-class medical/retail campus.”

“For nearly two decades, Mediplex has developed assignment-driven healthcare properties that have served to enhance the communities in which they operate,” said Jeffrey Goldstein, Principal at Mediplex Property Group. “The opportunity to continue doing so in Horsham Township, where we have enjoyed a great relationship with residents, professional staff, and elected officials over the past several years, is something we feel fortunate to be doing right now. And working with a team of J.G. Petrucci’s collective talent and wealth of experience just provides us with that much more confidence.”

For more information on potential leasing or development opportunities, reach out today.