Thursday, September 5, 2013

Endurance RE Acquires Union Meeting Corp Ctr

HUB Properties Trust has sold the three office buildings at 960 Harvest Dr. in Blue Bell, PA to Endurance Real Estate Group LLC for $4.1 million, or about $32 per square foot. 

The three office buildings total 129,433 square feet and were built in 1988. The property was vacant at the time of the sale which consists of two two-story buildings and one single-story building. The new owners are planning multiple improvements including upgrading the building systems, renovating the lobbies and common areas. 

www.omegare.com

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