PRP developed this asset in a tax advantaged venture structure which provided favorable tax treatment to the partnership during the construction of the building, and oversaw completion and occupancy of the tenant, resulting in favorable pricing.
- Gensler-designed BTS trophy asset, the best-quality building in the State of Pennsylvania
- 100% NNN leased to Cencora as their global headquarters through June 2036
- Cencora is a Fortune 10 pharmaceutical distributor with $321B in revenue in 2025 and a current market capitalization of over $68B
- Prominently situated at the intersection of I-76 and I-476
- One block from the Conshohocken Regional Rail Station with direct access to Center City Philadelphia in ~20 minutes and Philadelphia International Airport in ~30 minutes
- Accretive in-place EB-5 financing
