Thursday, August 11, 2016

Equus Sells One Meridian In Wyomissing, PA

by Steve Lubetkin,
Philadelphia-based Equus Capital Partners has sold One Meridian at Spring Ridge, a 366,728 square foot office building in Wyomissing, PA.

The property, a class A trophy asset originally developed as a headquarters for the former Meridian Bank, is currently 98% leased and anchored by a variety of national and regional credit tenants including Allstate, CNA Financial Corporation, Godiva and Sunoco.

The suburban location sits at the nexus of several regional roadways providing convenient access to the Philadelphia metropolitan area, as well as many of the major population centers in the Northeast, particularly the New York City metro area. Property amenities include a large modern lobby, conference center, on-site café, fitness center, and expansive exterior spaces. In addition, there are protected, rustic views to the west of the building due to a conservation easement of 50-plus acres of wooded land.

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