CVVF Norristown-Met LLC Acquires 2.6 Acre Office In Norristown, Pennsylvania For $7.4M

The recently closed property transaction in Norristown, Pennsylvania involved a 2.6-acre office space located at 2626 Van Buren Avenue. The deal was finalized on October 14, 2022, with an impressive sale price of $7,400,000. The property boasts a total square footage of 25,150, translating to a price per square foot of $294.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $7,400,000
• Address: 2626 Van Buren Avenue
• Market: Norristown, Pennsylvania
• Lot Size: 2.6 acres

CVVF Norristown-Met LLC emerged as the buyer in this deal, while LMP Van Buren LLC acted as the seller. The transaction was facilitated by the expertise of brokers Michael Shover, Matthew Gorman, Thomas Finnegan, and Rob Thompson from CBRE.