Value Add
5325 Northgate Drive
Bethlehem, PA
OVERVIEW
Location:
5325 Northgate Drive
Year Built/Renovated:
2002
Total Leasable Area:
53,000 SF
Deal Highlights
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Acquired in 2022
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Off-market transaction
Description
Thomas Park acquired this 53,000 SF MOB in a partial sale-leaseback off-market transaction. This value add investment was 79% occupied at acquisition and anchored by WillsEye Physicians (Mid Atlantic Retina), Radiology & MRI of Bethlehem, and Bethlehem Endoscopy.