CURRENT INVESTMENTS

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

104-108 Forrest Ave, Narberth, PA (The Junction)

PROPERTY INFORMATION

Four (4) Building Mixed Use Property in the heart of Narberth: Sixteen (16) Residential Units, Four (4) Retail Tenants, and One (1) Commercial Multi Tenanted Building

SQUARE FEET

28,000

PURCHASE DATE

February 2025

LEASE AT PURCHASE

88%

CURRENT LEASE

92%

112 Essex Ave, Narberth, PA

112 N Essex, Narberth PA was put under contract two (2) days after hitting the market for an all-cash purchase at settlement in twenty (20) days. The property was completely gutted and renovated with new roof, kitchens, bathrooms, and all modern finishes while refinishing the existing hardwoods and maintaining the architecture character of the building. All three units quickly renovated within six (6) weeks of completion of construction with commitments of 24 month terms due to the quality of brand new construction and walkability in the heart of Narberth.

PROPERTY INFORMATION

Triplex & 6 Detached Garages

SQUARE FEET

3,500

PURCHASE DATE

October 2023

LEASE AT PURCHASE

Vacant

CURRENT LEASE

100% as of February 2024

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 2021 included 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.