Harbor Group International Acquires 100,820-SF Office In King Of Prussia From UGI Corp
500 North Gulph Road
Building Size
100,820 SF
Asset Type
Office
Closing
Jul 13, 2026
AI
500 North Gulph Road is a 100,820-square-foot, five-story Class A single-tenant office building located in King of Prussia, Pennsylvania. The property serves as UGI Corp.'s headquarters and is fully leased with approximately 12 years remaining on its lease. It was redeveloped in 2018.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 500 North Gulph Road
- Market: King of Prussia, PA
- Buyer: Harbor Group International
- Brokers: CBRE
The transaction was facilitated by CBRE's Investment Sales and Capital Markets teams in Philadelphia, ensuring a smooth process for the acquisition of the property by Harbor Group International.
Players
North Office Market Snapshot
Boundary boundary · Office · Sale 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