555 Croton Road

Jones Lang LaSalle Americas, Inc. (“JLL”) has been retained on an exclusive basis to arrange the sale of 555 Croton Road (the “Property”), a 96,909-squarefoot office building located in the heart of King of Prussia, Philadelphia’s premier suburban submarket.

The Property is 82.1% leased to 10 tenants with a WALT of 3.6 years, providing qualified investors the opportunity to acquire a high-quality, value-add office asset with a strong existing diverse tenant mix.

555 Croton Road has experienced impressive leasing activity, defying the challenging post-pandemic market conditions that have made securing tenants difficult for many landlords. Notably, all 10 of the Property’s current tenants have committed to new leases or renewals since 2022, a testament to the quality and core location of the asset. These leases account for 78,403 square feet, representing 80.9% of the building’s rentable area.

Strategically located in King of Prussia, PA, the Property boasts unparalleled positioning within the submarket. Situated just one mile from key highway access points—Route 202, the Pennsylvania Turnpike, and I-76—the Property offers superior connectivity to the greater Philadelphia MSA. The nearby King of Prussia Town Center, less than a mile away, stands as the sole lifestyle shopping destination in suburban Philadelphia. This amenity, coupled with the adjacent Village at Valley Forge’s 2,900 Class A multi-housing units, cultivates a robust ecosystem of residents and employers, enhancing the Property’s long-term value proposition.