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201 Rouse Boulevard

Updated Sep 22, 2026

Hanwha Philly Shipyard Leases 64,380 Square Feet At 201 Rouse Boulevard In Philadelphia
LEASEDOffice

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.

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Players

JLL
JLLBrokerage
Ensemble Investments
Ensemble InvestmentsLandlord
Hanwha Philly Shipyard
Hanwha Philly ShipyardTenant

Philadelphia Office Market Snapshot

Boundary boundary · Office · Lease transactions

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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

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