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%
PROPERTY INFORMATION
SQUARE FEET
8,000
PURCHASE DATE
November 2021
LEASE AT PURCHASE
60%
CURRENT LEASE
80% as of 2022
412 W. 10th Ave, Conshohocken, PA
PURCHASE DATE
June 2022
RENOVATION DATE
2200
CURRENT LEASE
100% as September 2022
335 W. 10th Ave, Conshohocken, PA
PURCHASE DATE
Augest 2021
RENOVATION DATE
October 2021
CURRENT LEASE
100% as November 2021
343 W. 11th Ave, Conshohocken, PA
PURCHASE DATE
November 2022
RENOVATION DATE
January 2023
CURRENT LEASE
100% as February 2023
Additional Properties
734 W. Railroad Ave, Bryn Mawr, PA
PURCHASED
2017 ($185,000)
RENOVATED
2017
CURRENT LEASE
100%
43 Thomas Ave, Bryn Mawr, PA
PURCHASED
2015 ($210,000)
RENOVATED
2015
CURRENT LEASE
100%