HELLERTOWN, PA—Bear Real Estate Advisors represented Columbia Property Investors in its acquisition of a nearly 12,000-square-foot medical office building in the Philadelphia suburb of Hellertown, PA.
Located at 708 Main St., the medical office building was completed as a build-to-suit for Lehigh Valley Health Network, a regional healthcare provider. Lehigh Valley Health Network has leased the entire property for 15 years on a net lease basis.
“This transaction serves as a premier example of Bear Real Estate Advisor's creative system of sourcing off-market properties for our investor clients,” says Matt Bear, founder and chief executive officer of Bear Real Estate Advisors.
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