Arch Street Capital Advisors LLC has acquired four office buildings in Malvern Pennsylvania. No financial terms were disclosed.
GREENWICH, Conn., Nov. 12, 2018 /PRNewswire/ — Arch Street Capital Advisors, LLC, a real estate investment advisory firm, announced the acquisition of a fully-leased office portfolio (the “Portfolio”) located in the greater Philadelphia MSA, on behalf of an institutional client. The Portfolio acquisition consists of four single-tenant office buildings which total to 568,658 SF of office space located in Malvern, Pennsylvania.
“We are pleased to enter the greater Philadelphia office market with the purchase of a high-quality Portfolio leased to a well-established and long-term tenant,” said Damian Taylor, Senior Vice President at Arch Street Capital Advisors. “We continue to seek quality long-term, single-tenant, net lease office assets on behalf of our institutional clients.”
About Arch Street Capital:
Arch Street Capital Advisors, L.L.C. is a full service real estate investment advisory firm. Arch Street specializes in assisting investors with their U.S. real estate strategies including acquisition and joint venture advisory, financing advisory, and asset management and disposition services. Since 2003, Arch Street has advised clients on more than $6.5 billion of acquisitions, dispositions and financings. Arch Street manages, on behalf of its clients, a diverse portfolio of investments in the industrial, office, multi-family, single-family, hospitality, retail, health care, student housing, land entitlement and development sectors of the U.S. real estate market. For more information visit: www.archstreetcapital.com