{"id":1004189751,"date":"2017-09-08T03:31:50","date_gmt":"2017-09-08T11:31:50","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004189751"},"modified":"2018-08-10T05:45:11","modified_gmt":"2018-08-10T13:45:11","slug":"suburban-philly-mob-campus-hits-the-market","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/suburban-philly-mob-campus-hits-the-market\/","title":{"rendered":"Suburban Philly MOB Campus Hits the Market"},"content":{"rendered":"

By Corina Stef<\/p>\n

\"Norriton<\/a>

Norriton Medical Center, East Norriton, Pa.<\/p><\/div>\n

Franklin Realty Development has selected HFF to market the sale of Norriton Medical Center, a suburban medical office development<\/a> located in East Norriton, Pa. The campus is 91.5 percent leased and is anchored by Einstein Orthopedics and Moss Rehab.<\/p>\n

Healthcare-oriented submarket<\/h2>\n

Built in 1990, Norriton Medical Center comprises four buildings totaling 74,212 square feet of space. The property\u00a0is located on 7.1 acres and includes 301 parking spaces. Sited at 160-190 W. Germantown Pike, the off-campus property is located in the vicinity of multiple hospital campuses and senior living facilities such as Mercy Suburban Hospital and Montgomery Einstein Hospital. Neighboring amenities include eateries, cafes, banks and retailers.<\/p>\n

HFF Senior Director Ben Appel and Managing Director Brett Segal represent the seller in the offering Beacon Commercial Real Estate\u2019s Gene McHale and Colin McHale are leasing advisors.<\/p>\n

According to public records, the property previously changed hands in 2007, when the current owner purchased it from Brandywine Realty Trust for $7.7 million.<\/p>\n

Image courtesy of HFF<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

HFF is representing Franklin Realty Development in the sale of Norriton Medical Center, a four-building medical portfolio in East Norriton, Pa. <\/p>\n","protected":false},"author":241,"featured_media":1004189756,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21783,21754,11,21742,21747,1494],"tags":[37480,37481,32792],"class_list":["post-1004189751","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-investment","category-medical-office","category-midatlantic","category-latest","category-office","category-philadelphia","tag-beacon-commercial-real-estate","tag-franklin-realty-development","tag-hff"],"acf":[],"yoast_head":"\nSuburban Philly MOB Campus Hits the Market - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/suburban-philly-mob-campus-hits-the-market\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Suburban Philly MOB Campus Hits the Market\" \/>\n<meta property=\"og:description\" content=\"HFF is representing Franklin Realty Development in the sale of Norriton Medical Center, a four-building medical portfolio in East Norriton, Pa.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/suburban-philly-mob-campus-hits-the-market\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2017-09-08T11:31:50+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2018-08-10T13:45:11+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/09\/Webp.net-resizeimage1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"600\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/suburban-philly-mob-campus-hits-the-market\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/suburban-philly-mob-campus-hits-the-market\\\/\"},\"author\":{\"name\":\"\",\"@id\":\"\"},\"headline\":\"Suburban Philly MOB Campus Hits the Market\",\"datePublished\":\"2017-09-08T11:31:50+00:00\",\"dateModified\":\"2018-08-10T13:45:11+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/suburban-philly-mob-campus-hits-the-market\\\/\"},\"wordCount\":180,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/suburban-philly-mob-campus-hits-the-market\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2017\\\/09\\\/Webp.net-resizeimage1.jpg\",\"keywords\":[\"Beacon Commercial Real Estate\",\"Franklin Realty Development\",\"HFF\"],\"articleSection\":[\"Deals\",\"Investment\",\"Medical Office\",\"Mid-Atlantic\",\"News\",\"Office\",\"Philadelphia\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/suburban-philly-mob-campus-hits-the-market\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/suburban-philly-mob-campus-hits-the-market\\\/\",\"name\":\"Suburban Philly MOB Campus Hits the Market - 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