HFF arranges $12.35M sale of Norriton Medical Center Phila.

January 18, 2019

EAST NORRITON, PA —Holliday Fenoglio Fowler, L.P. (HFF) announced the $12.35 million sale of Norriton Medical Center, a 74,212 s/f medical center anchored by Einstein Orthopedics and Moss Rehab in the Philadelphia suburb of East Norriton.
The HFF team represented the seller, an indirect wholly owned subsidiary of Franklin Realty Development Corporation.
Located in Greater Philadelphia, Norriton Medical Center is ideally situated directly in the shadow of the area’s largest hospitals, Einstein Medical Center Montgomery (1.4 miles) and Suburban Community Hospital. The 7.31-acre site is located at 160-190 West Germantown Pike. The four-building complex is currently 92% leased and features the area’s only nationally ranked rehabilitation facility that operates under the Einstein Healthcare Network umbrella.



Please reload

Featured Posts

The Azarian Group signs over seven new leases in recent months

March 11, 2020

Please reload

Recent Posts
Please reload

Phone: 781.740.2900| Fax: 781.740.2929 

© Copyright 2014 Mid Atlantic Real Estate Journal. All Rights Reserved.