Holliday Fenoglio Fowler, L.P. (HFF) announces the $6.65 million sale of 1140 Valley Forge Road, a 30,588-square-foot, single-tenant office building that serves as the corporate headquarters of Environmental Standards, Inc. (ESI) in the Philadelphia-area suburb of Phoenixville, Pennsylvania.
1140 Valley Forge Road is situated on 5.09 acres three miles from Route 422 and eight miles from the interchange of Interstates 76 (Schuylkill Expressway) and 276 (Pennsylvania Turnpike). Additionally, the property’s location along Route 23 provides direct access to the various amenities in nearby King of Prussia. Constructed as a build-to-suit in 1994 for ESI, which specializes in a wide variety of environmental consulting services, a 10,000-square-foot expansion was added in 2013.
The HFF investment advisory team represented the seller, a Philadelphia-based family office, and included managing director Brett Segal and senior managing director Doug Rodio.
HFF and its affiliates operate out of 25 offices and are a leading provider of commercial real estate and capital markets services to the global commercial real estate industry. HFF, together with its affiliates, offers clients a fully integrated capital markets platform, including debt placement, investment advisory, equity placement, funds marketing, M&A and corporate advisory, loan sales and loan servicing. HFF, HFF Real Estate Limited, HFF Securities L.P. and HFF Securities Limited are owned by HFF, Inc. (NYSE: HF). For more information, please visit hfflp.com or follow HFF on Twitter @HFF.