Ensemble Real Estate Buying Four Office Buildings at Philly Navy Yard

One Crescent Drive is a 76,631-square-foot office building at the Philadelphia Navy Yard.

PHILADELPHIA—Ensemble Real Estate Solutions and Investments has closed on the purchase of two Navy Yard office buildings totaling 156,000 square feet and expects to close on another two office properties at the South Philadelphia complex in the next month.

The Phoenix-based firm reports it has acquired One Crescent Drive, which totals more than 76,000 square feet and the 80,050-square-foot 201 Rouse Boulevard office building from Liberty Property Trust. Ensemble says it has a deal to acquire 150 Rouse Blvd., a 56,412-square-foot office building and 1200 Intrepid Ave., a 91,971-square-foot office property at the Navy Yard from Liberty Property Trust. That deal is expected to close in the next 30 days.