Seyon Group Acquires Three Mixed-Use Buildings In King Of Prussia For $17.5M From MLP Ventures
Pennsylvania
See Similar DealsSeyon Group Acquires Three Mixed-Use Buildings In King Of Prussia For $17.5M From MLP Ventures
3100 Horizon Drive
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Three mixed-use buildings located at 3600, 3602 & 3100 Horizon Drive in King of Prussia, PA, have been sold for $17,500,000. The properties total 100,456 square feet, resulting in a price per square foot of approximately $174. The sale includes the King of Prussia location of Conshohocken Brewing Co. and is part of Seyon Group's expansion in the Philadelphia area.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $17,500,000
- Buyer: Seyon Group
- Seller: MLP Ventures
- Square Feet: 100,456
- Price Per Square Foot: $174
Seyon Group acquired the properties from MLP Ventures, enhancing their existing portfolio of 18 properties totaling over 1 million square feet in the Philadelphia area. The deal involves significant vacancies in the acquired buildings.
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