Wednesday, August 19, 2015

JV Pays $21M for Gulph Road Office

PM Realty Group and The Roseview Group have acquired the office building at 211 S. Gulph Rd. in King of Prussia, PA from O’Neill Properties Group LP for $21 million, or about $205 per square foot.

The 102,204-square-foot office was originally constructed in 1960 on 9.3 acres in Montgomery County. It is located south of King of Prussia Mall and a short drive from downtown Philadelphia. It underwent renovation in 2007 and is currently 100 percent occupied.

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