In addition, a steam table behind the bar will feature roast beef, roast pork and ham, said Donohue. Otherwise, the menu is expected to remain unchanged, he said.
“Once we make settlement we will begin the upgrades immediately,” said Donohue, who estimated the conversion will be completed in six to eight weeks.
He said The Vault’s current employees are expected to remain at the tavern, which opened in 2012.
The Vault’s operator, Dean Koukoulas, did not respond to a request for comment.
Donohue’s entered the tavern business as a bartender “at the legendary Rexy’s” in Mount Ephraim during the mid-70s through early ‘80s, he observes.
The Vault expected to make way for a new venture on Clements Bridge Road
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Wet Weather Update: Latest Closures and Changes to Services
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CBRE announced the $29.37 million sale of Runnemede Corporate Center, a seven-building, 304,077 s/f light industrial portfolio serving the greater Philadelphia last-mile and regional distribution markets in Runnemede, New Jersey.
Richards & Robbins sold the portfolio, which includes four development parcels with expansion potential of nearly 125,000 s/f, to Faropoint, an industrial investment firm that has been actively engaged in the commercial real estate market of the Southeast, Mid-Atlantic, and Midwest regions of the United States.
The CBRE National Partners’ team comprised of Michael Hines, Brian Fiumara, Brad Ruppel and Lauren Dawicki led the marketing efforts and represented the seller in the transaction.