FLD Group of Eatontown, NJ, and the Adjmi family of New York have purchased the Plymouth Meeting Executive Campus from Brandywine Realty Trust for $65.5 million. The five-building, 521,288-square-foot Class A office complex sold at $126 per square foot, a notable discount from early 2023 estimates of over $100 million. This acquisition follows the partnership’s… Read more »
Posts Tagged: New York
New York firm seeks more Philadelphia deals and pays $13.5M for prime Walnut Street building
A New York real estate firm, has acquired 1512 Walnut St., one of Philadelphia’s premier High Street properties, for $13.5 million. . This is the second investment in Philadelphia for Six Acre, which was formed two years ago by Mark Lansman and Jake Borden in New York with plans to eventually relocate the firm to Philadelphia. Six Acre is working… Read more »