1850 N Gravers Road_Property for Sale
1850 N Gravers Road_Property for Sale
1850 N Gravers Road, Plymouth Meeting, PA, 19462, US

1850 N Gravers Road

Asset Description

Jones Lang LaSalle Americas, Inc (“JLL”), has been retained on an exclusive basis to arrange the sale of 1850 N. Gravers (the “Property” or the “Offering”). The Property is a well-located, newly renovated, production ready facility located in the heart of Plymouth Meeting, PA. 


The 76,028 square foot facility was constructed in 1972 and renovated by ownership in 2023. Over $2.1 million has been invested into the building in the past 12 months and with less than 9 months of lease term remaining, a rare opportunity has been created for an incoming investor or user to acquire a move-in ready facility at an attractive basis. The Property provides exceptional functionality through its competitive infrastructure which includes, 16’ clear heights, multiple loading docks and unparalleled regional access. 


Located in Greater Philadelphia, the metropolitan area continues to see significant growth in the life science sector as $1.3 billion in NIH funding, largely earmarked for cell and gene therapy research, flowed into local firms in 2023. Furthermore, the Greater Philadelphia market experienced another busy year of venture capital fundraising as approximately $900 million was invested across the MSA.


1850 N. Gravers is strategically positioned within minutes of on-ramps to I-476 (The Blue Route) and I-276 (The PA Turnpike) providing direct access to Center City Philadelphia and the city’s International Airport. The accessibility is a necessity for lab users currently in the market seeking space. 

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Attributes

Building area gross
76,028 sf
Year built
1972
Land area gross
4.82 acres

Media

Investment Highlights

  • Robust Infrastructure for Life Science Users
  • Impressive Infrastructure Critical for Lab and Manufacturing Operations
  • Attractive Basis Opportunity Relative to Construction Costs
  • Strategically Located in Philadelphia’s Growing Life Sciences & Pharmaceutical Hub
  • Exceptional Connectivity & Access to Skilled Labor Pool
1850 N Gravers Road 4_Property for Sale
1850 N Gravers Road 4_Property for Sale

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1850 N Gravers Road (0 Properties)

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Last updated
14 Mar 2024