The office campus is located adjacent to the Plymouth MeetingMall, one quarter mile from the intersection of the I-276 (thePennsylvania Turnpike) and I-476 (the Blue Route) in Plymouth, PA.There are also two hotels, a Doubletree Guest Suites and aCourtyard by Marriott, adjacent to the property.
The site consists of four class A office buildings constructedbetween 1985 and 1990, totaling 360,250 sf. Tenants currentlyleasing space in the complex include IOA Reinsurance, AmericanExecutive Centers, Stratton Management and Liberty Mutual.
"The borrower's strength and reputation and the quality of theproperty made this a very attractive financing opportunity,"reports Kenneth Ziebelman, principal and managing director ofSonneblick-Goldman Company.
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