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JT Thompson is leading the Hip Hop Hall of Fame Museum & Hotel. which signed a term sheet for property in Harlem and is engaging in a $15 million capital campaign.
The sale, reported on Thursday, marks Skanska's final disposition of four adjacent Seaport properties it developed, which also include 101 Seaport, Harbor Way and Watermark Seaport.
Norriton Medical Center is located near the area's largest hospitals, Einstein Medical Center Montgomery (1.4 miles) and Suburban Community Hospital (0.8 miles).
“This development not only adds high-end, new rental units in a neighborhood that has extremely high demand and very low supply, but it also adds appealing new retail tenant that serve the area,” says Jim Darrow, principal with Essex Realty Group.
Hunter plans to operate a full-service International/Navistar heavy- and medium-duty truck dealership and an Idealease heavy- and medium-duty truck leasing company at the location.