August 15, 2017

Joint Venture Acquires 40,000 SF Office Building in Metro Philadelphia for $8.2M

Source, Rebusiness Online, Amy Works

KING OF PRUSSIA, PA. — A joint venture between Merion PHC Holdings LLC and Moreland Development LLC has acquired an office property located at 950 Pulaski Drive in King of Prussia, approximately 20 miles northwest of Philadelphia. Hemar Realty Co. sold the asset for $8.2 million. The 40,000-square-foot property is currently configured as physicians’ offices, exam rooms and labs. Gary Leone and Steven Gartner of CBRE represented the seller in the deal.

Related Posts

View All
Jun 15, 2026 News
black crown iconKOP District Initiative

Patch
Jun 5, 2026 District News
black crown iconKOP District Initiative

Welcome to Recharge Park: A New Destination for Community and Connection in KOP

Read More
Jun 3, 2026 District News
black crown iconKOP District Initiative

Exploring the Robust Healthcare Community in King of Prussia

Read More
May 29, 2026 Press Release

Locust Lane Craft Brewery Brings World Cup Beer Garden Celebration to Upper Merion Township

Read More
May 28, 2026 District News

King of Prussia District’s Inaugural KOP Cares Month Raises $67,020 for Children’s Hospital of Philadelphia’s KOP Campus

Read More