TA Associates Realty invested $33 million to buy two office buildings in the Providence Corporate Center in Collegeville, Pa. Equus Capital Partners of Philadelphia was the seller. The deal was consummated on March 26.
The buildings — Highview I and Highview II — combined have a total of 183,363 square feet. Highview I at 400 Campus Drive totals 78,546 square feet and Highview II at 200 Campus Drive totals 104,799 square feet. Equus constructed the structures in 2003 for Wyeth Pharmaceuticals. They are located on Route 29 just off of Route 422 and across the street from Providence Town Center, a retail development that includes a Wegmans, Movie Tavern and Dick’s Sporting Goods.
Full story: http://tinyurl.com/cthenrt
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