Valley Square
512 Township Line Rd, Blue Bell, PA, 19422-2700, US
22.665 vierkante meter
Kenmerken
Leningstatus
Presterend
Loaan Purpose
Acquisition
Original Balance
$12.3 Million
Current UPB PSF
$82
Origination Date
March 2017
Maturity Date
January 2027
Beschrijving
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.
...
Investeringskenmerken
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.
Media
$9.0 Million Office Loan Sale | Suburban Philadelphia, PA (0 Eigendommen)
Contact adviseurs
JLL kan u helpen bij de financiering en het beheer van uw portefeuille. E-mail ons vandaag nog om te zien hoe we u kunnen helpen uw ambities te realiseren.
Laatst bijgewerkt
10 apr 2026