
1695 State Street
1695 State St, East Petersburg, PA, 17520-1319, US
106,078 sf
Jones Lang LaSalle Americas, Inc. (“JLL”) has been retained on an exclusive basis to arrange the sale of Valley Square (the “Portfolio”), a 243,965 square foot office campus located in one of Philadelphia’s most desirable suburban submarkets.
The Portfolio has a diverse tenant mix with 75.7% occupancy across 23 tenants and a weighted average lease term of 4.5 years. This presents qualified investors with a prime opportunity to acquire a high-quality, value-add office asset. Through strategic lease-up initiatives, investors can maximize the Portfolio’s potential, enhancing both occupancy and cash flow.
Centrally located in Blue Bell, PA, the Portfolio provides exceptional access to I-476, I-276, and Route 202, ensuring superior regional connectivity. The Portfolio has outstanding accessibility and nearby amenities such as the Plymouth Meeting Mall and Metroplex Shopping Center, home to many national retailers such as Whole Foods, AMC Theater, and Dick’s.
The Portfolio is nestled in the affluent Plymouth Meeting/Blue Bell submarket, which boasts an average household income of $124,937. With some of the best-performing schools in Greater Philadelphia and easy regional access, this submarket will continue to stand out as one of Philadelphia’s most desirable areas to live. The Portfolio creates a rare opportunity for a user or investor to acquire well-located cash flowing asset in the Plymouth Meeting/Blue Bell Submarket.