Brandywine Realty Trust Secures $50M Construction Loan For Arkema's North American Corporate Headquarters

155 King of Prussia Road

Development Site

144,685 SF

Financed 229 days ago

Summary

Loan

PENNSYLVANIA

Development Site

144,685 sqft

The property involved in this transaction is a development site located at 155 King of Prussia Road in Radnor, PA. The site spans approximately 144,685 square feet.

Summary of transaction details

Property Type: Development Site
Transaction Amount: $50,000,000
Address: 155 King of Prussia Road
Market: Radnor, PA

Brandywine Realty Trust, represented by its landlord Jerry Sweeney, secured a $50 million construction loan for the North American corporate headquarters of Arkema. Arkema is a global specialty materials supplier based in France.

Details

Deal Summary

FINANCED

IMAGE: Jerry Sweeney DATE: 09/24/2023 ADDRESS: 155 King of Prussia Road MARKET: Radnor, PA ASSET TYPE: Development Site ~ SF: 144,685 LANDLORD: Jerry Sweeney - Brandywine Realty Trust LOAN AMOUNT: $50,000,000 LOAN TYPE: Construction NOTE: Brandywine Realty Trust secured a $50 million construction loan for the upcoming North American corporate headquarters of Arkema, a global specialty materials supplier based in France.

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Address155 King of Prussia Road

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