Posts Tagged: Exerts Almo

Company Sells Headquarters in Northeast Philadelphia

Company Sells Headquarters in Northeast Philadelphia

Exertis Almo has sold its 143,060-square-foot headquarters at 2709 Commerce Way in Northeast Philadelphia to a Boston-based real estate investment firm for $27.2 million. The deal is structured as a sale-leaseback, which breaks down to approximately $190 per square foot. The buyer is an entity affiliated with Cabot Properties. The transaction comes on the heels… Read more »