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New Firm Marks Debut with Five-Building Acquisition

KING OF PRUSSIA, PA-Maguire & Partners Property Group, formed by three former

By Marita Thomas | Updated on May 15, 2003

KING OF PRUSSIA, PA-The opening of Maguire & Partners Property Group here has been marked by the acquisition of a five-building industrial/flex portfolio from Malvern, PA-based Liberty Property Trust for an undisclosed price. All five Bucks County, PA, buildings are fully leased.

The new company’s principals–Dan Maguire, Jim Watson and Gabe Spector –were previously with Jenkintown, PA-based Pitcairn Properties, where they served as president, director of leasing and property management, and director of acquisitions, respectively.

The portfolio totals 314,000 sf and consists of two buildings in the Bucks County Business Center in Langhorne, PA, and three in Keystone Park in Bristol, PA.

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