Wyomissing Medical Office Building

NNN Leased

Project Brief:

  • Motus Equities identified a 5,520 SF former MOB used as an asthma center for a private practice.
  • During the Due Diligence period, Motus Equities identified Mainline Fertility via its brokerage network as a potential user.
  • Motus Equities negotiated a turn-key lease and executed a lease during the Due Diligence period.
  • Motus Investments acquired the asset via a cash investment from its partners.
  • D&B Construction began tenant fit-out immediately following acquisition.
  • Motus Investments secured permanent debt via a refinancing by S&T Bank.
  • Keystone Property & Asset Management took over Facilities Management in 2019.

Type

Size

5,520 SF

Location