ERCT Capital Group Buys 393000 SF Property At 1455 Broad Street In Whiteford With Cresa's Rep

The property involved in this transaction is Broadacres Office Park, which encompasses a total of 393,000 square feet. Situated at 1455 Broad Street and 200, 300, 400..., the asset is located in the Whiteford market. Originally built in 1976 and renovated in 2001, the complex features four four-story buildings, each with a size of 98,250 square feet. The property boasts amenities such as a fitness center, cafeteria, and a tenant lounge.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Undisclosed
• Address: 1455 Broad Street and 200, 300, 400...
• Market: Whiteford
• Seller's Representative: Dennis Gralla, Jonathan Marks - Cresa
• Buyer: ERCT Capital Group
• Square Footage: 393,000

The deal was facilitated by Cresa, with key individuals including Dennis Gralla, James Scancarella, and Jonathan Marks representing the seller, P3 Properties. This off-market sale highlights the involvement of ERCT Capital Group as the buyer.