PLYMOUTH MEETING, PA — Cushman & Wakefield and Beacon Commercial Real Estate LLC announced the sale of the Plymouth Woods Office Center located at 521-531 Plymouth Rd. in Plymouth Meeting.
Robert Yoshimura, Joseph Hill and R. Eric Mattson, Jr. with Cushman & Wakefield and Gene McHale and Colin McHale with Beacon Commercial Real Estate, LLC represented the seller, GPX Plymouth Woods Office Properties, LP in the transaction. The buyer was Exeter Property Group headquartered in Plymouth Meeting.
Plymouth Woods Office Center offers 188,360 s/f of commercial office space. There are five, one-story buildings offering tenants suites of all sizes along with common area conference rooms. Exeter Property Group is planning a major upgrade to the exterior of the building as well as the lobbies, restrooms and common areas in order to reposition this asset in a very strong office market.