KING OF PRUSSIA, PA—Admiral Capital Group says its core-plus investment platform acquired Valley Forge Park Place, an office complex encompassing 160,043 square feet of space in two three-story buildings in King of Prussia, PA. The seller was Keystone Property of Conshohocken, PA, which has owned the office complex since 2006, according to Real Capital Analytics, a proprietary research database that tracks commercial real estate transactions,. Financial details were not disclosed.
VFPP is located less than three miles away from both King of Prussia Town Center and King of Prussia Mall, providing exceptional retail and entertainment amenities to its tenants. VFPP was constructed in 1978, underwent a significant renovation in 2007 and is 96 percent leased.
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