133-Lancaster-Ave-Devon-PA

CBRE Group Arranges $2.8M Sale of Medical Office Building in Pennsylvania

by Amy Works

DEVON, PA. — CBRE Group has arranged the sale of the Patient First Medical Center located at 133 Lancaster Ave. in Devon. The 7,000-square-foot asset sold for $2.8 million. With the sale of the property comes a 20-year corporately guaranteed ground lease and no landlord responsibilities of expenses. Matthew Gorman and Michael Shover of CBRE represented the seller and buyer in the deal.

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