CURRENT INVESTMENTS

Partnerships by McHale Partners. leased and managed by Beacon Commercial Real Estate, LLC.

308 E. Lancaster Ave, Wynnewood, PA

McHale Partners invested in this centrally-located 53,200-square-foot building in 2016 where, at the time, it had only 60% occupancy. An extensive renovation in
2021included major interior and exterior updates like new lobby quarters, updated
bathrooms, a new 20-year roof, professional landscaping, and exterior updates like new windows, painting, and signage. Now, the building is 100% occupied, and rent-per-square footage increased from $22 to $33.

PROPERTY INFORMATION

Multi-tenanted office building along the main line. Three-story office building with 156 parking spaces along Lancaster Ave in Wynnewood, PA. Completely renovated in 2021.

SQUARE FEET

53,200

PURCHASE DATE

December 2016

LEASE AT PURCHASE

60%

CURRENT LEASE

100%

When McHale Partners purchased this property in 2021, it sat at 60% occupancy and hadn’t been updated in years. After improvements like new HVAC, a new lobby, a state-of-the-art security system, and exterior signage, the occupancy rate shot up to 80%. They anticipate 100% occupancy by the end of Q1 2023.

PROPERTY INFORMATION

Two-story medical office building totally renovated in the heart of Bryn Mawr, adjacent to Bryn Mawr hospital. Interior and exterior modernization renovation completed in 2022.