Sutherlin Data Center
620 SW Stearns Lane, Sutherlin, OR 97479
63,07 ha
Description de l'actif
Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to present the sale of 720 Vandenburg Road (the “Property’), a 6.85-acre parcel situated in the desirable suburban Philadelphia destination, King of Prussia. The site currently features an 80,000 SF office building that is 100% occupied on a short-term lease. The offering presents investors with the opportunity to acquire a 6.85-acre parcel and redevelop the Property into a luxury suburban multi-housing community.
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Attributs
Superficie du terrain nette
2,77 ha
Média
Points forts de l'investissement
Investment Highlights
- Attractive Zoning
- The 6.85-acre parcel is zoned KPMU (King of Prussia Mixed Use District) in Upper Merion Township. Multi-housing is permitted as a conditional use.
- Leading Multi-Housing Fundamentals
- According to AxioMetrics, the Norristown/Upper Merion/Lower Merion submarket achieved annual rent growth of 8.4% in 2022 and is expected to continue to grow at 3.5% annually through 2026.
- Prime Location in a Desirable Submarket
- King of Prussia is Suburban Philadelphia's one-stop destination for booming business, the hottest restaurants, world-class healthcare, and exciting recreational activities.
- The submarket has been home to more than $4 billion in development projects since 2010, and there are several more that are planned to move forward.
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720 Vandenburg Road (0 Propriétés)
JLL peut vous aider à financer et à gérer votre portefeuille. Envoyez-nous un courriel aujourd'hui pour voir comment nous pouvons vous aider à réaliser vos ambitions.
Dernière mise à jour
30 avr. 2024
