Grose will leverage more than 30 years of experience in the transportation industry within the greater Philadelphia region to strengthen and expand the firm's core business in the area, grow client relationships and identify and secure new business opportunities.
The property is ideally located to serve the growing demand for last-mile distribution facilities in the Northeast, says Andrew Skydell, founder of Simi Capital.
The acquired properties total 813 units including independent living, assisted living and memory care in Michigan, Pennsylvania (pictured) and Virginia.
“With recent updates to the building and tenants already in place, 2605 Clearbrook provided the flexibility and stability sought in the marketplace,” says Kelly Joyce, a vice president at Colliers Chicago.
Tom Wisniewski, managing partner at Newark Venture Partners, a StackSource investor, calls StackSource "simply commercial real estate lending for the 21st century."