CBRE has arranged the sale of 1600 Manor Drive, a 52,622-square-foot office and surgical center located within the New Britain Corporate Center in Chalfont, Pennsylvania. Pruthi Properties purchased the property from an affiliate of Equus Capital Partners, Ltd. for $12 million. Doug Rodio, Jerome Kranzel and Bruer Kershner of CBRE’s National Office Partners team represented the seller in the transaction. “We are seeing significantly more interest from local and national capital sources, both buyers and lenders, making thematic investments in high-quality, well-located office assets that have shown consistent leasing demand,” said Rodio.
Read the full article: CBRE Arranges Sale of 53K-SF Office, Surgical Center Lease in Pennsylvania //
Source: https://www.connectcre.com/stories/cbre-arranges-sale-of-53k-sf-office-surgical-center-lease-in-pennsylvania/