550 Blair Mill Road

Jones Lang LaSalle Americas, Inc (“JLL”), has been retained on an exclusive basis to arrange the sale of 550 Blair Mill (the “Property” or the “Offering”). The Property is a well-located, newly renovated, production ready facility located in Horsham, PA. 

The 98,669 square foot facility was constructed in 1972 and renovated by ownership in 2023. Approximately $3 million has been invested into the building in the past 12 months and with less than 6 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 the potential for exceptional functionality through its impressive infrastructure which includes, 17’ clear heights, loading dock capabilities and raised flooring. 

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.

550 Blair Mill is strategically positioned within minutes of the I-276 (The PA Turnpike) providing direct access to Center City Philadelphia and Philadelphia’s International Airport. The accessibility is a necessity for lab users currently in the market seeking space.