According to a report in The Philadelphia Business Journal, Morgan Properties will be moving its headquarters to Conshohocken’s riverfront. Morgan Properties owns and operates over 300 multifamily apartment communities along the east coast and Tennessee, including Sherry Lake Apartments in Conshohocken. The company is currently based in King of Prussia.

Morgan Properties also owns three office buildings in Conshohocken, Millennium I, II, and III. It will move into Millennium III once AmerisourceBergen moves out of Millennium II and III and into its new headquarters at SORA West later this year.