TrueStone And FLD Group Acquire Office Building In Malvern, PA For $36.3M

TrueStone and FLD Group have acquired the office property located at 45 Liberty Blvd. in Malvern, PA. The property, which was sold by Equus Capital Partners, was purchased for a total of $36,300,000. Spanning across 137,178 square feet, the property is currently 95% occupied by tenants such as Microsoft and Vanguard. The sale price per square foot was $264.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $36,300,000
• Date: 12/10/2021
• Address: 45 Liberty Blvd., Malvern, PA
• Tenants: Microsoft and Vanguard

The acquisition of 45 Liberty Blvd. was facilitated by brokers Jerry Kranzel and Doug Rodio from CBRE. The buyer's representatives were Sol Dayan from TrueStone and Marc Dayon from FLD Group.