RADNOR, PA—Equus Capital Partners is looking to sell its Radnor Court office building here and has retained JLL to market the more than 121,000-square-foot office building.
The three-story 121,371-square-foot office building a 259 N. Radnor Chester Road is leased on a long-term basis to Jefferson Health System, which occupies 18,088 square feet, and Airgas Corp., whose headquarters totals 63,955 square feet, according to the Philadelphia Business Journal.
Doug Rodio, an investment broker with JLL, is marketing the property for sale. The availability of an office building in Radnor is quite rare and therefore has the potential for setting a new sales record for an office building in the suburbs of Philadelphia, area brokers say.
Currently, leases at the building constructed in 1985 are fetching approximately $35 a square-foot. See story in the Philadelphia Business Journal.
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John Jordan
John Jordan is a veteran journalist with 36 years of print and digital media experience.
