Updated Sep 22, 2026
Hanwha Philly Shipyard Leases 64,380 Square Feet At 201 Rouse Boulevard In Philadelphia
201 Rouse Boulevard
Building Size
64,380 SF
Asset Type
Office
Closing
Sep 21, 2026
About this deal
AI
The property asset involved in the transaction is an office building located at 201 Rouse Boulevard in Philadelphia, PA. The building has a total square footage of 64,380 and is currently owned by Ensemble Investments. The property was built in 2015 and consists of 80,000 square feet in total, with Hanwha Philly Shipyard leasing three floors and occupying more than 80% of the building.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 201 Rouse Boulevard
- Market: Philadelphia, PA
- Asset Size: 64,380 SF
- Landlord: Ensemble Investments
- Tenant: Hanwha Philly Shipyard
- Broker: JLL
JLL represented Hanwha Philly Shipyard in the lease agreement for the property. Ensemble Investments is the owner of the building where the lease took place. The transaction marked the tenant's commitment to a significant space in proximity to Philadelphia’s Navy Yard.
On the Map
Office
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Philadelphia Office Market Snapshot
Boundary boundary · Office · Lease transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93