Wednesday, July 22, 2015

Plymouth Woods Sells for $20.8M

GPX Realty Partners LP sold the Plymouth Woods Office Park at 521-531 Plymouth Rd. in Plymouth Meeting, PA to Exeter Property Group for $20.75 million, or about $110 per square foot.

The five-building campus totals 188,360 square feet of office space on 37.5 acres. Built in 1985, the asset is just shy of 80 percent occupancy, home to such tenants as Beneficial Bank and Coca Cola.

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