NEWMARK
U.S. HEALTHCARE CAPITAL MARKETS
JUST CLOSED
MERION BUILDING
LEADING SPINE AND ORTHOPEDIC PRACTICE ANCHOR
KING OF PRUSSIA, PA | APRIL 2025
72,000 SF MOB & ASC
Newmark U.S. Healthcare Capital Markets is pleased to announce the sale of the Merion Building, located in King Of Prussia, PA, one Of Philadelphia’s most highly coveted suburbs, and prominantly visible to the 130,000 vehicles per day that pass the site. The 72,000 square foot, value-add MOB has a weighted average lease term remaining of six years. Main Line Spine, the leading spine and orthopedic practice in the Philadelphia region, anchors the property with a 3-OR ASC and several clinical practices.
NEWMARK
FOR ADDITIONAL INFORMATION ON THIS TRANSACTION AND THE CURRENT CAPITAL MARKETS ENVIRONMENT, PLEASE CONTACT ANY MEMBER OF THE TRANSACTION ADVISORY TEAM.
U.S. HEALTHCARE CAPITAL MARKETS & INVESTMENT BANKING TEAM
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