3-25-16

Real Estate Journal — The Best of 2015 — March 25 - April 14, 2016 — 5C

www.marejournal.com

M id A tlantic

The LARGEST LAND SALES of 2015

JLL - Philadelphia Center City Development Sites Philadelphia, PA

Metro Commercial Lifetime Fitness Valley Forge, PA

The Kislak Co. Rabenold Farms Upper Macungie, PA

Size: 914,760 s/f Brokers: Rob Cooper, Stephen Niggeman and Thomas Londres Lifetime Fitness, a Minnesota Corporation, re- cently purchased the former Saint-Grobain Corpo- rate office headquarters from E. Kahn Development on 11/24/2015. The property is adjacent to the 3.7 million square foot King of Prussia Mall that is an- chored by Macy’s, Nordstrom, Bloomingdales, Lord & Taylor and Neiman Marcus. The property is 21.3 acres located at 750 E. Swedesford Rd, Tredyffrin, PA. Sale price was $13.15 million dollars. The prop- erty consisted of three office buildings that will be demolished. In place of the building Lifetime Fitness will construct a three story 136,000 s/f fitness facil- ity that will include an indoor pool, full day spa and restaurant. There will also be an outdoor pool that will take up to 1.5 acres of the property.

Size: 7.02 Acres Brokers: James Galbally, Doug Rodio, John Plower, Erin Miller, Chad Orcutt Located on the north side of John F. Kennedy Blvd. between 20th and 23rd Streets, the property consists of five rectangular shaped parcels occupying a total of approximately 7.02 acres. The property is one of the last, large-scale, development sites in the Philadelphia CBD to be sold. This sale is the largest land transac- tion in Philadelphia in recent history.

Size: 36 Acres Brokers: Robert Holland

Located between Route 78 and the NE extension of the Pennsylvania Turnpike Conditional preliminary approval for 288 apartment units (18 buildings of 16 units), subject to NPDES Permit (applied)

JLL is proud to be recognized in the Mid Atlantic Real Estate Journal’s “Best of 2015”

TOP BROKERS James Galbally & Douglas Rodio

LARGEST LAND SALE 2001 - 2301 JFK Boulevard & 60 N. 23rd Street | Philadelphia, PA

BEST INDUSTRIAL PROJECT 57 Grumbacher Road | York, PA

Commercial real estate advisors Consulting Tenant Representation Leasing Management Sales Construction Project Management jll.com/philadelphia

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