Procision Commercial Realty brokers the acquisition of 42,000 Sf Office Park in Southampton PA
Southampton, PA ‐‐ Procision Commercial Realty, an affiliate of Procision Business Brokers, represented Southampton Park, LLC in the acquisition of Southampton Office Park at 928 Jaymor Road in Southampton, PA. This 42,000 SF Office Park features garden style corporate office spaces. At the time of closing, the Park was 60% occupied. The transaction price is undisclosed.
Richard Shore, Vice President of Procision Commercial Realty handled the negotiations on behalf of the buyer. Upon the purchase the Office Park had a strong core mix of professional users. “The acquisition is an excellent value added opportunity for the new owners to upgrade the Office Park during lease up of the remaining spaces. We are quite pleased to be the leasing agents for the Property,” said Shore.
Along with the leasing and management of the Southampton Office Park, Procision is the exclusive leasing and management agent for over 500,000 square feet of commercial space in Pennsylvania and New Jersey.
About Procision Commercial Realty
Founded as a Business and Commercial Real Estate Brokerage, Procision Commercial Realty offers one-stop, synergistic services for Business Owners, Investors, Landlords and Tenants alike. Through their Comprehensive Suite of Real Estate Services and Transaction Solutions, Procision Commercial Realty serves the needs of the Greater Philadelphia and South Jersey Region. For additional information, please visit the company’s website at www.Procisionbb.com or contact Robert Beach at 856-228-5151.