NGKF Retained to Sell 3800 Horizon Boulevard in Trevose, PA

Wayne, PA (July 13, 2016) — NGKF Capital Markets has been exclusively retained to sell 3800 Horizon Boulevard in Trevose, Pennsylvania, a five-story trophy office building located in one of suburban Philadelphia’s most accessible locations. Also included in the offering is the adjacent 2.142 acre site approved to be developed with an office building containing approximately 136,000 square feet along with an additional parking garage. The NGKF Capital Markets team comprising Mike Margolis, Dave Dolan, Brett Segal and Taylor King along with area experts, Adam Shute and Jeff Mack are marketing the property.

3800 Horizon is currently 69 percent leased to nine high quality tenants, 20 percent of which are investment grade, with a weighted average term of six years, two months. The property offers a unique value creation proposition – future ownership will have 65,953 square feet of available space within the building including the entire fourth floor (43,286 square feet), which offers exceptional flexibility for single or multi-tenanted requirements.

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