Updated Aug 6, 2025
Brandywine Realty Trust Secures $50M Construction Loan For Arkema's North American Corporate Headquarters
155 King of Prussia Road
$50,000,000
$345/SF
Building Size
144,685 SF
Asset Type
Development Site
Closing
Sep 24, 2023
About this deal
AI
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.
Players
Wayne Development Site Market Snapshot
Boundary boundary · Development Site · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.32%
Cash-on-Cash
-0.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93