SOLD

Five Tower Bridge

300 Barr Harbor Drive, Conshohocken, PA 19428

Property Overview

Five Tower Bridge is the preeminent office building within the highly regarded Tower Bridge master planned development; Tower Bridge is a 45-acre master planned development with 1.2 million square feet of office, hotel and retail space located on the border of West Conshohocken and Conshohocken, Pa. along the Schuylkill River. Five Tower Bridge is 223,736 square feet, 97% occupied and was developed in 2001 in West Conshohocken (the preferred side of the Schuylkill River). The Property was designed by Skidmore, Ownings & Merrill and offers eight highly efficient 29,000 sf floors over three levels of covered parking. The Property features a two-story Italian marble lobby, exotic wood-paneled elevators and large green Solex windows surrounded by a white precast façade. The Property abuts the Schuylkill River to the north and thus offers unobstructed water views on three sides. Tenants enjoy elevator access from the garage directly to the office floors.

Investment at a Glance

Location: West Conshohocken, PA

Property Type: Class A Office

Acquisition Date: October 14, 2008

Purchase Price: $73,000,000

No. of Buildings: 1

No. of Stories: 8

Square Footage: 223,736 SF

Year Built: 2001

Leased Percentage (at the time of Acquisition): 97%

$73,000,000 Total Purchase Price
223,736 square feet Total Rentable Area
Class A Building Class