By Paul Schwedelson – Reporter, Philadelphia Business Journal
A Malvern office park spanning 111 acres is up for sale, offering a prime redevelopment opportunity on the Main Line.
The Malvern Green complex includes three office buildings and a data center building that total 759,901 square feet at 51 Valley Stream Parkway.
The four buildings are occupied by Austin, Texas-based tech giant Oracle but are being marketed for mixed-use redevelopment.
Chester County property records show Malvern Green is owned by health care IT company Cerner Health Services Inc., which Oracle acquired in 2022 for $28.3 billion. Since buying Cerner, Oracle (NYSE: ORCL) has been consolidating the office space acquired in the deal, including at Cerner's headquarters campuses in Kansas City, Kansas.
According to Oracle's 2024 annual report filed with the Securities and Exchange Commission, about 32% of its owned and leased space was either sublet or on the market as of the end of last year.
Malvern Green was built from 1982 to 1999 and can serve more than 1,000 employees. The campus has a parking garage that can fit 400 cars and surface parking that can accommodate 1,400 cars, according to JLL's marketing materials.
The four Malvern Green buildings for are listed as:
- Building I: four-story, 217,221-square-foot office constructed in 1983.
- Building II: four-story, 219,328-square-foot office constructed in 1982.
- Building III: four-story, 227,179-square-foot office constructed in 1999.
- Data Center: two-story, 96,173-square-foot building constructed in 1999.
Existing zoning is limited primarily to office use, a buyer could pursue zoning changes with East Whiteland Township that would allow for other uses on the site.
Full story: https://www.bizjournals.com/philadelphia/news/2025/09/01/111-acre-malvern-office-park-listed-redevelopment.html
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