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Baltimore’s MCB Real Estate breaks ground on 60,000K SF office building near Philadelphia

Posted on AllSides June 17th, 2024
From The Left

Baltimore-based MCB Real Estate has begun construction on the Drexeline Medical Office Building, a 60,000-square-foot health care component of Drexeline Town Center, a mixed-use development in the Philadelphia suburb of Drexel Hill, Pennsylvania. The three-story medical office building at 5100 State Road is 100% leased to Delaware County Human Services and Children’s Hospital of Philadelphia (CHOP) a Pennsylvania nonprofit corporation. MCB Real Estate, an institutional investment management firm, expects to deliver the asset in the second quarter of 2025. Tyler Vandergrift of JLL represented CHOP and Kartik Patel of Tactix...

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