WCRE represented Ambrosia Real Estate in the sale of the approximately 40,000-square-foot, three-building complex on 45 acres to a private investor. Financial terms were not disclosed.
Located at 283 Old Marlton Pike, the current operator has 60 residential beds for patients. The purchaser was intrigued by the long-term lease and the included adjacent land parcel for future expansion.
Jason Wolf, managing partner, and Evan Zweben, executive vice president at WCRE, exclusively represented the seller in this transaction.