Sunday, March 6, 2016

Arzan Pays $123M for Exton Whitelands Campus

90 North Real Estate Partners LLP, the London-based real estate unit of Arzan Financial Group in Kuwait, acquired the Saint-GoBain North American headquarters campus at 20 Moores Rd. in Malvern, PA from AEGON USA Realty Advisors LLC and J. Loew & Associates / E. Kahn Development for $123 million, or about $383 per square foot.

The office complex delivered in 2014 in the Exton/Whitelands submarket of Philadelphia. It totals 321,226 square feet and is occupied by the Saint-Gobain Corporation.

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