Jack Lingo Asset Management Acquires Property In King Of Prussia With Seller's Rep David Dolan
SOLD
Pennsylvania
See Similar DealsOffice102,000 SF
SOLD
Jack Lingo Asset Management Acquires Property In King Of Prussia With Seller's Rep David Dolan
211 S Gulph Rd, King of Prussia, PA, 1...
See Similar DealsOffice102,000 SF
Summary
PENNSYLVANIA
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:102,000 SF
Transaction Type:Sale
Jack Lingo Asset Management has acquired a 102,000-square-foot office building located at 211 S. Gulph Road in King of Prussia, Pennsylvania. This single-story building had undergone renovations in 2018 and was 97 percent leased at the time of the sale.
Summary of transaction details:
- Property Type: Office Building
- Transaction Amount: Not Disclosed
- Address: 211 S Gulph Rd, King of Prussia, PA
- Market: King of Prussia
- Seller's Representative: David "Dave" Dolan, Mike Margolis - Newmark
- Buyer: Jack Lingo Asset Management
Mike Margolis and David Dolan of Newmark represented the undisclosed seller in this transaction. Additionally, Nick Scribani and Ben Kroll of Newmark arranged acquisition financing through Wells Fargo on behalf of Jack Lingo Asset Management.
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Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$0.00
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
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Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00
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