Thursday, March 29, 2012

Rubenstein Partners Acquires Philadelphia Office for $13M

"Wells Fargo Advisors LLC sold the Northbrook Corporate Center office building at 1150 Northbrook Dr. in Trevose, PA to Rubenstein Partners LP for $13 million, or about $121 per square foot.

The 107,742-square-foot, class A office building sits 9.5 acres in the Lower Bucks County submarket of Philadelphia. The property was at 93% occupancy when it changed hands."

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