HORSHAM, PA—A private limited real estate investment partnership led by Steve Perna and Matt Frederick, principals of PernaFrederick Commercial Real Estate, has purchased the 88,045 square foot, two-story office building at 410 Horsham Road, Horsham, PA for $2.45 million.
The building, built in 1990, once housed the local offices of TNS-Intersearch and Morningstar. PernaFrederick bought the property from First Niagara Realty, Buffalo, NY in transaction negotiated by CBRE.
Situated on 7.6 landscaped acres with expansive exposure to Horsham Road (Route 463), 410 Horsham Road presents the opportunity for monument tenant signage to the over 31,000 cars daily and has on-site parking in a ratio of five spaces for every 1,000 square feet leased. It is also accessible from Route 611.
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Steve Lubetkin
Steve Lubetkin is the New Jersey and Philadelphia editor for GlobeSt.com. He is currently filling in covering Chicago and Midwest markets until a new permanent editor is named. He previously filled in covering Atlanta. Steve’s journalism background includes print and broadcast reporting for NJ news organizations. His audio and video work for GlobeSt.com has been honored by the Garden State Journalists Association, and he has also been recognized for video by the New Jersey Chapter of the Society of Professional Journalists. He has produced audio podcasts on CRE topics for the NAR Commercial Division and the CCIM Institute. Steve has also served (from August 2017 to March 2018) as national broadcast news correspondent for CEOReport.com, a news website focused on practical advice for senior executives in small- and medium-sized companies. Steve also reports on-camera and covers conferences for NJSpotlight.com, a public policy news coverage website focused on New Jersey government and industry; and for clients of StateBroadcastNews.com, a division of The Lubetkin Media Companies LLC. Steve has been the computer columnist for the Jewish Community Voice of Southern New Jersey, since 1996. Steve is co-author, with Toronto-based podcasting pioneer Donna Papacosta, of the book, The Business of Podcasting: How to Take Your Podcasting Passion from the Personal to the Professional. You can email Steve at [email protected].
