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Four Medical Office Buildings for Sale in Greater Philadelphia

Tuesday, September 05, 2017

 Holliday Fenoglio Fowler, L.P. (HFF) has been awarded to market the sale of Norriton Medical Center, a four-building, 74,212-square-foot medical office campus in East Norriton, Pennsylvania, within just two miles of multiple hospital campuses and senior living facilities. The HFF team is marketing the property on behalf of the owner, Franklin Realty Development, in conjunction with Beacon Commercial, who has the leasing assignment. Norriton Medical Center is located on 7.13 acres at 160-190 West Germantown Pike in the Greater Philadelphia area, home to one of the largest concentrations ... [Read More]

301-Unit Multi-Housing Property in Suburban Wilmington for Sale

Wednesday, May 17, 2017

Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has been named to market for sale Brandywine Hundred Apartments, a 301-unit multi-housing property in the historic Brandywine Hundred neighborhood of northern Wilmington, Delaware. HFF is marketing the property on behalf of the seller, a joint venture between CenterSquare Investment Management and Korman Residential. Brandywine Hundred Apartments is situated on 10.66 acres at 400 and 402 Foulk Road, less than one mile from major employers, including JPMorgan Chase & Co., AstraZeneca and Nemours/Alfred I. duPont Hospital for Children. Additionally, the property is less than half of a mile from shopping and dining along Route 202, and a short distance from numerous state parks, golf courses and recreational activities. Brandywine Hundred features units averaging 946 square feet with community amenities such as a swimming pool with sundeck, tennis courts,... [Read More]

Financing Q&A with HFF's Ryan Ade

Tuesday, March 07, 2017

HFF Managing Director Ryan Ade is taking part in Real Estate Bisnow Philadelphia's Capital Markets and Real Estate Investments: The Ever-Changing Capital Stack and Real Estate Finance in '17 event on Tuesday, March 16, at The Westin Philadelphia hotel in downtown Philadelphia.  Mr. Ade is the moderator for the Real Estate Finance: How Deals Are Getting Done in 2017 panel, which will include fellow commercial real estate industry leaders.  With more than 15 years of experience in commercial real estate finance, Mr. Ade works in HFF's Philadelphia office, where he is primarily responsible for placing debt and equity for owners of retail, multi-housing, industrial and office properties. Throughout the course of his career, Mr. Ade has completed more than $2 billion in commercial real estate transactions. Financing Q&A with Ryan Ade How will the... [Read More]

Philadelphia Hospital-Leased Medical Office Building For Sale

Thursday, February 16, 2017

Holliday Fenoglio Fowler, L.P. (HFF), on behalf of the owner, is marketing for sale Crozer-Keystone at Broomall, a 57,320-square-foot, Class A cancer center and multi-specialty outpatient facility near Philadelphia, Pennsylvania, that is fully leased on an absolute triple net basis to Crozer-Keystone Health System (CKHS). CKHS is a five-hospital, 830-bed, for-profit teaching hospital and the dominant health system in Delaware and Chester counties, with 63 percent market share. The newly-constructed medical office building for sale is “mission-critical” to the long-term objectives of the health system. Crozer-Keystone at Broomall ... [Read More]

Rocky Balboa & Philly Go the Distance

Monday, November 21, 2016

Forty years ago, a movie about an underdog boxer in Philadelphia became the ultimate underdog. Rocky, written and starring Sylvester Stallone as main character Rocky Balboa, premiered this week in 1976 and went on to win three, Oscars, Best Film, Best Director and Best Editing, out of its 10 nominations. The little film that could had a rumored budget of under $1 million dollars and, to date, has grossed more than $225 million. The pop culture phenomena that is Rocky has crossed multiple generations and driven the original film and its six sequels to box-office success with a total franchise gross of more than $1 billion dollars (and counting). Philadelphia in the 1970s, like Balboa, was an underdog due to decades of turbulence from crime, corruption and civil unrest. Though, like Balboa, the city endured... [Read More]

ShopRite-Anchored Philadelphia Retail Center for Sale

Wednesday, November 09, 2016

Update: This retail property is no longer available since it sold. For details about the HFF-brokered sale of the property, click here. Holliday Fenoglio Fowler, L.P. (HFF), on behalf of the owner, is marketing for sale Bakers Centre, a grocery-anchored, 236,719-square-foot retail center located in Philadelphia, Pennsylvania. Currently 94.7 percent leased, the retail property for sale is anchored by a high-performing ShopRite, Philadelphia’s leading grocer by market share. Bakers Centre is the go-to retail destination for the ultra-dense local community of East Falls/Hunting Park and is surrounded by a population... [Read More]

Valley Forge Office Center for Sale Near Philadelphia

Thursday, November 03, 2016

Holliday Fenoglio Fowler, L.P. (HFF), on behalf of the owner, is marketing for sale Valley Forge Office Center, a three-building, 257,460-square-foot, value-add office property located at 480, 500 and 656/676 East Swedesford Road in Wayne, Tredyffrin Township, Chester County, Pennsylvania, near Philadelphia. The commercial property for sale sits on 19 acres with close proximity to the recently-expanded King of Prussia Mall and King of Prussia Town Center. Situated along Swedesford Road in tax-favorable Tredyffrin Township, Valley Forge Office Center is ideally located at the confluence of Pennsylvania Routes 202 and 422, Interstate 76 and the Pennsylvania Turnpike, four of the region’s most heavily-traveled roadways, offering easy access to all the amenities found in a true work-live-play environment. Already widely regarded as one of the best locations in Greater Philadelphia, tenant demand should continue ... [Read More]

Grocery-Anchored Central Pennsylvania Power Center for Sale

Thursday, October 27, 2016

On behalf of the owner, Holliday Fenoglio Fowler, L.P. (HFF) is pleased to market for sale Monroe Marketplace, a 372,806-square-foot, market-leading, grocery-anchored power center located in the Central Pennsylvania community of Selinsgrove. Monroe Marketplace is anchored by a premier lineup of national retailers, including GIANT Food Stores, T.J. Maxx, Dick’s Sporting Goods, Kohl’s, PetSmart, Ulta Beauty, and features a best-in-class shadow anchor with Target. Monroe Marketplace offers investors the opportunity to acquire a best-in-class, dominant grocery-anchored retail power center, sustaining long-term income stability and proven success... [Read More]

Suburban Office Campus for Sale in Greater Philadelphia

Thursday, October 20, 2016

Holliday Fenoglio Fowler, L.P. (HFF), on behalf of the owner, is marketing for sale Valley Creek Corporate Center at Exton Park, a three-building, best-in-class suburban office campus totaling 259,163 square feet in Exton, Pennsylvania. Strategically developed in 2002, the commercial property for sale is in one of the most coveted locations for corporate headquarters in Greater Philadelphia. Valley Creek Corporate Center at Exton Park (Valley Creek) is currently 95.2 percent leased to an impressive creditworthy tenant roster. The top five largest ... [Read More]

Hospital-Connected Medical Office Building for Sale Near Hartford

Thursday, October 13, 2016

Update: This medical office building is no longer available, as HFF closed the sale of the property. Click here for details. Holliday Fenoglio Fowler, L.P. (HFF), on behalf of the owner, is marketing for sale The Medical Arts Center at the Hartford Healthcare Cancer Institute (The Medical Arts Center), a 72,022-square-foot, 95-percent-leased, Class A, hospital-oriented and hospital-anchored medical office building in the Hartford-area community of Plainville, Connecticut. Located at 201 North Mountain Road, the property was integrated with the connected Hartford HealthCare Cancer Institute at the Hospital of Central Connecticut ... [Read More]

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