$9.0 Million Office Loan Sale | Suburban Philadelphia, PA

개요

대출 상태

수행

Loaan Purpose

Acquisition

Original Balance

$12.3 Million

Current UPB PSF

$82

Origination Date

March 2017

Maturity Date

January 2027

제안 요청일

2026.03.11.

묘사

Jones Lang LaSalle (“JLL”) has been retained on an exclusive basis by the Seller to arrange the sale of a $9.0 million office loan (the “Loan” or “Note”). The Loan is secured by the open-end mortgage on a mid-rise office building located in Suburban Philadelphia, PA. (the “Property” or “Collateral”).

Constructed in 2007 and renovated in 2022, the four-story Property is conveniently located along Lincoln Highway and totals 110,000 rentable square feet. Additionally, the Property features 417 open-air parking spaces. As of January 2026, the Property was 65.5% occupied and benefits from a WALT of 3.3 years.

Originated in March 2017 and maturing in January 2027, the Loan features a floating interest rate of SOFR + 4.0% and has an attractive in-place debt yield of 10.7%. As of February 2026, the Loan is performing with an unpaid principal balance of $9.0 million.

The offering presents investors the opportunity to buy a performing Loan at a favorable basis, significantly below replacement cost.

...

투자 하이라이트

Exceptional Connectivity & Access

Strategically located along Lincoln Highway, the Property delivers superior regional connectivity with immediate access to premier retail amenities including Neshaminy Mall, various major box retailers, and a diverse selection of restaurant options.

New Premium Tenant Amenities

The Property features a newly renovated amenity center complete with a sophisticated tenant lounge, grab-and-go café, and state-of-the-art conference facility.

Dominant Employment Growth

Over the last twelve months, Philadelphia ranked as the second-strongest U.S. metropolitan area for employment growth with 40,400 jobs added, demonstrating robust economic fundamentals.