CONSHOHOCKEN, PA — Morgan Properties has opened its new corporate headquarters at the Millennium Complex in Conshohocken, Pennsylvania, marking a significant milestone for the 40-year-old company. This move, finalized on August 28, 2024, signifies a new chapter for one of the nation’s leading multifamily investors. Previously located in King of Prussia, the company moves from its long-time base at Kingswood Apartments & Townhomes.
Founder and CEO Mitchell Morgan expressed the importance of this transition: “This new headquarters is more than just a building; it’s a testament to Morgan Properties’ evolution from humble beginnings to an established, best-in-class multifamily owner and operator.” His words reflect the company’s dedication to its employees, partners, and communities.
The new 70,100-square-foot office space caters to the modern workforce’s needs. It accommodates over 200 corporate employees and includes tech-enabled meeting rooms, a fitness center, a dining area, and access to the Schuylkill River Trail. The space aims to foster collaboration and attract top talent, aligning with Morgan Properties’ national growth strategy.
Jonathan Morgan, President of Morgan Properties JV, highlighted the strategic importance of the move. “The relocation of our headquarters to Conshohocken is a pivotal step in fostering the future growth of our company,” he noted. In recent years, the company has grown to become the largest private multifamily owner in the U.S., driven by a strategic acquisition strategy.
Recognized by the Philadelphia Business Journal’s Fast 50, Morgan Properties has seen extensive portfolio growth. Jason Morgan, Principal and President of Morgan Properties Special Situations, commented on the new headquarters: “The Millennium Complex is a prime example of how a strategic location with great regional access and community-focused amenities can create a sustainable ecosystem for businesses and their employees.”
With this move, Morgan Properties is well-positioned for future expansion, reinforcing its leadership in the multifamily industry.
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