King of Prussia business leaders express cautious optimism as office occupancy in the growing suburban center continues to rise. According to CoStar data, occupancy in Upper Merion Township office buildings has reached 89.3%, the highest since tracking began in 2011. However, this rate excludes smaller buildings and owner-occupied spaces. CEO Eric Goldstein acknowledges the importance… Read more »
Expanding its presence in King of Prussia, the Children’s Hospital of Philadelphia has acquired a 97,290-square-foot office building located at 460 N. Gulph Road for $24.5 million. This new property sits opposite CHOP’s recently constructed Middleman Family Pavilion and its accompanying specialty care center. The acquisition was from UGI Corp., which had purchased the building… Read more »
