20A — March 2025 — Pennsylvania — M id A tlantic Real Estate Journal
www.marej.com
P ennsylvania Michael Margolis, David Dolan, and Angelo Brutico represent seller, SkyREM Newmark arranges sale of nine-building medical office portfolio in Greater Philadelphia
ANGHORNE, PA — Newmark announces the firm has arranged the sale of the $16 million Ox- ford Court Portfolio—a nine- building medical office campus in Langhorne to ESJ Capital Partners . Newmark senior managing directors Michael Margolis, David Dolan and associate Angelo Brutico represented seller SkyREM on the transaction. “We are gratified to have secured this win-win outcome and congratulate all parties,” said Margolis. “The Oxford Court portfolio is a highly L
1.2 million s/f, and Jefferson Bucks County Hospital. It is anchored by a strong tenant roster of medical, retail and office tenants and features a unique single-story design. The area surrounding the portfolio has experienced a sig- nificant influx of new develop - ment and subsequent growth in the local population. Additionally, the Oxford Court portfolio benefits from being just three miles from the intersection of Interstate 95, Interstate 295 and the Penn- sylvania Turnpike (I-276). This location provides accessibility
NAI CIR represents seller in sale of ±40-acre industrial property to the Pennsylvania suburbs of Greater Philadelphia as well as central New Jersey. MAREJ
Michael Margolis
David Dolan
Angelo Brutico
compelling investment, driven by its strategic location and strong tenant roster. We look forward to seeing the assets continue to thrive under new ownership.” The 152,310 s/f portfolio, which was 72% leased at the
time of sale, comprises: • 900, 920, 930, 940, 950 & 970 Town Center Dr. • 580 & 584 Middletown Blvd. • 100 N Buckstown Dr. The portfolio is located adja- cent to the Oxford Valley Mall, a Simon property that spans
1800 Baltimore Pike
CENTRAL, PA — NAI CIR successfully facilitated the following sales and lease transactions: The ±40-acre industrial property located at 1800 Bal- timore Pike, Gettysburg has been sold to Tripwire South LLC. The property previously operated as a granite mine. Strategically located within 1.5 miles of key transportation routes—Rte. 97, Rte. 15, and Rte. 30, the site offers con- nectivity between Harrisburg to Frederick, MD, and Get- tysburg to Westminster, MD. Nik Sgagias of NAI CIR represented the seller in this transaction. The 7,650 s/f office known as 5012 Lenker St. has been sold to Pro Activa Realty Partners. The property is one of seven building units within the West Shore Office Park located off the Carlisle Pike in Mechanicsburg. The two-story commercial building was previously home to Appalachia Technologies who relocated to the Ross- moyne Business Park in 2024. The new owners will utilize the space for their business. Casey Khuri and Bryan Donovan of NAI CIR represent- ed the seller in this transaction. Med-Legal Professionals has leased office space at 1250 N. Mountain Rd. in Harrisburg. The new location will support the company’s growing operations. Med-Legal Professionals is a locally owned firm special - izing in independent medical examinations and records re- trieval. The company provides essential services to the legal and insurance industries. Nicholas Balint , of NAI CIR, represented the tenant in the transaction. MAREJ
12 MAIN ST, MYERSVILLE, MD 21773
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AY002056 • Matthew Hurley AU003413L • Kaleb Hurley AU006233; Matthew Hurley, Broker: PA RM421467; MD 597462; WV WVB230300885; Kaleb Hurley, Agent: PA RS360491; MD 5009812
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