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
Jul 14, 2026 News

Resilient and Evolving: King of Prussia’s Office Market Continues to Lead

Montco.Today
Jul 8, 2026 Press Release
black crown iconKOP District Initiative

Resilient & Evolving: King of Prussia’s Office Market Continues to Lead

Read More
Jul 8, 2026 District News
black crown iconKOP District Initiative

Insights from the 2026 UMT/KOP Office Report

Read More
Jul 7, 2026 District News
black crown iconKOP District Initiative

ICYMI: 5 Things to Know (Q2 2026 in KOP)

Read More
Jul 5, 2026 District News
black crown iconKOP District Initiative

Tourism Is Heating Up in King of Prussia This Summer

Read More
Jul 2, 2026 News

King of Prussia Mall to get new stores including Pop Mart and Candyland Adventure playground

The Philadelphia Inquirer
Jun 28, 2026 District News
black crown iconKOP District Initiative

From Lawn to Living Landscape: How Recharge Park Became a Biodiversity Hub

Read More
Jun 17, 2026 News

Why King of Prussia Keeps Winning Major Employers

Montco.Today