Bucks County office park adjacent to Sesame Place sells for $16M

 By Ryan Sharrow – Editor in Chief, Philadelphia Business Journal

A Bucks County medical office park adjacent to the Oxford Valley Mall and Sesame Place has traded hands for more than double the price it sold for in 2015.

Aventura, Florida-based ESJ Capital Partners paid $16 million for the 152,310-square-foot nine-building Oxford Court portfolio in Langhorne. The seller, SkyREM of Philadelphia and New York, paid $7.82 million for the buildings in August 2015, according to Bucks County property records. SkyREM completed a renovation of the portfolio in 2016.

The buildings are more than 70% leased to tenants including Quest Diagnostics, DaVita, LabCorp, and the American Red Cross.

Full story: http://tiny.cc/lod8001

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