Marcus & Millichap Negotiates $5.7M Sale of Office Building in Malvern, Pennsylvania

by David Cohen

MALVERN, PA — Marcus & Millichap has negotiated the $5.7 million sale of Montgomery County Intermediate Office – Unit 23, a 40,000-square-foot, net-leased office building in Malvern. Located at 333 Technology Drive, the office is used for educating and training public school employees. Eric Grad and Alex Mobin of Marcus & Millichap represented the seller, a developer and property owner, in the transaction. The seller purchased the building in 2006. The buyer was in a 1031 exchange.

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