Aug
09
Suburban Philly Office Asset Receives $6M Makeover
ByA joint venture of Carlino Commercial Development and the Rothman Institute succeeded in transforming the 85,000-square-foot Class C property into a premier Class A building.
Carlino Commercial Development and the Rothman Institute completed a $6.3 million renovation at an 85,000-square-foot office building in Blue Bell, Pa. They joined forces with D2 Architects and general contractor MidAtlantic Construction to bring the Class C building to Class A after paying $4.6 million for it last year in March. In a recent deal, Carlino disposed of a 236,719-square-foot shopping center in the area.
“Blue Bell is a key community in our push into Montgomery County. We look forward to the office launch and providing the best orthopaedics to the surrounding communities,” Rothman Institute President Alexander Vaccaro said in a prepared statement…
