Monday, May 20, 2019

Apex Financial Snaps Up Lippincott Centre for $32 Million

Yardley, Pennsylvania-based Apex Financial Advisors purchased two office buildings in Marlton, New Jersey, from Grandview Property Partners for $32 million, or about $193 per square foot.

The Class B buildings, dubbed Lippincott Centre, at 301-303 Lippincott Drive total 165,742 square feet. Built in 1988, the four-story structures span north of 14 acres less than 15 miles from downtown Philadelphia.

The fully leased buildings house Virtua Health Inc.'s headquarters. Additional tenants include accounting firm Friedman and Morgan Stanley.

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