Affiliate Of Korea Investment Management Co. Acquires Property At 5 Crescent Dr For $130.5M

The property asset located at 5 Crescent Dr, Philadelphia, PA, 19112, has a transaction price of $130,500,000.00 and encompasses a total square footage of 207,779. It is situated within the Philadelphia market.

Summary of transaction details:

• Property Type: Sale
• Transaction Amount: $130,500,000.00
• Address: 5 Crescent Dr, Philadelphia, PA, 19112
• Square Footage: 207,779
• Market: Philadelphia
• Buyer: Affiliate of Korea Investment Management Co.
• Seller's Representatives: Erin Hannan-CBRE, Jack Corcoran-CBRE, Jerome "Jerry" Kranzel-CBRE

This transaction was facilitated by the seller's representatives from CBRE, where Erin Hannan, Jack Corcoran, and Jerome "Jerry" Kranzel played significant roles in the deal's execution, representing the seller in this high-value transaction.