Friday, October 9, 2015

Tier REIT Puts Woodcrest Corporate Center Up for Sale

Tier REIT, Inc. has put its 385,923-square-foot portfolio of two Cherry Hill, NJ office properties up for sale.

The Woodcrest Corporate Center portfolio includes 101 Woodcrest Rd., a two-story, 333,275-square-foot, class A office building that was constructed in 2004 and is currently 90 percent leased. Also included in the portfolio is 111 Woodcrest Rd., a two-story, 52-648-square-foot office building that was constructed in 1976 and renovated in 2004. This building is currently 86 percent leased.

The two-building office complex is home to American Water Works, Xerox, and Pinnacle Foods, the three largest tenants occupying space in the complex.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.