Monday, August 3, 2015

Pet insurer leaves Airport to grow in Newtown Sq.

No room at Amerimar's Int'l Plaza, so we're going to Equus campus, says Petplan's Chris Ashton

Pet insurer leaves Airport to grow in Newtown Sq.


Petplan, the fast-growing dog and cat veterinary insurer (corrected) run by British expats and Wharton grads Chris and Natasha Ashton, is moving with its 90 employees from International Plaza (the old Scott's Paper headquarters just off I-95 in Tinicum Township, just south of Philadelphia) to the BPG/Equus Capital Partners corporate complex in Newtown Square at the wealthy northern end of Delaware County.

Why? Chris Ashton tells me Petplan liked the airport complex, run by real estate investors/managers Amerimar Enterprises -- but it didn't have room for the company to grow. Amerimar's Gerald Marshall confirms the building, which suffered vacancies in its airport-related businesses when corporate travel dropped in the 2008-10 recession, is now "99 percent" leased, largely by affiliates of Independence Blue Cross -- though he adds that Petplan was welcome to stay in its current space.

Ashton says he and Natasha are also glad they'll have access to the green grounds of the former Charles Ellis School complex in Newtown Sq., so their dogs can run around there.

We encourage respectful comments but reserve the right to delete anything that doesn't contribute to an engaging dialogue.
Help us moderate this thread by flagging comments that violate our guidelines.

Comment policy: comments are intended to be civil, friendly conversations. Please treat other participants with respect and in a way that you would want to be treated. You are responsible for what you say. And please, stay on topic. If you see an objectionable post, please report it to us using the "Report Abuse" option.

Please note that comments are monitored by staff. We reserve the right at all times to remove any information or materials that are unlawful, threatening, abusive, libelous, defamatory, obscene, vulgar, pornographic, profane, indecent or otherwise objectionable. Personal attacks, especially on other participants, are not permitted. We reserve the right to permanently block any user who violates these terms and conditions.

Additionally comments that are long, have multiple paragraph breaks, include code, or include hyperlinks may not be posted.

Read 0 comments
comments powered by Disqus
About this blog

PhillyDeals posts drafts, transcripts and updates of Joseph N. DiStefano's columns and stories about Philly-area business, which he's been writing since 1989.

DiStefano studied economics, history and a little engineering at Penn and taught writing at St. Joseph's. He has written thousands of columns and articles for the Inquirer, Bloomberg and other media, wrote the book Comcasted, and raised six children with his wife, who is a saint.

Reach Joseph N. at,, 215.854.5194 or 302.652.2004.

Reach Joseph N. at or 215 854 5194.

Joseph N. DiStefano
Also on
letter icon Newsletter