Monday, March 25, 2013

Office Building and Self Storage Site Sold

375 E. Elm Street in Conshohocken, PA. was sold to 375 Elm Street Square, LP for $4.7 million. This is a two-story, 33,000 square foot office building. Current tenants include A. D. Marble & Company, HDR, Inc. and Southwark LLC. The buyer, George Guerra, was excited to become the new owner. The property was developed in 2001 and has maintained steady occupancy. With 10,400+ square feet of space available.

526 Township Line Road in Blue Bell, PA was also sold. This is a beautifully constructed, two-story brick building with 5,259 square feet was built in 2004 by Philameno & Salamone Builders of Plymouth Meeting. The property sold to an undisclosed buyer for $1.1million

Mt. Pocono Mini Storage portfolio in Mt. Pocono, PA was sold. The portfolio consisted of
two facilities located in Mt. Pocono and Mountainhome, PA and is comprised of eight buildings
totaling 28,900 square feet on 2.5 acres. Mt. Pocono Mini Storage opened in 1988 with just
three (3) buildings at the Mt. Pocono site and later expanded with four new buildings on the site.
The buyers were DS & BH Holdings, LLC. 

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