Cushman & Wakefield is pleased to offer the exceptional opportunity to acquire Bay Colony, a four building trophy campus totaling 248,378 square feet of office space on 20.8 acres.  The property is located in Philadelphia’s premier King of Prussia / Valley Forge submarket. Bay Colony recently underwent a significant modernization program totaling $3.4 million to improve the lobbies, restrooms and amenity spaces throughout the campus resulting the park becoming one of the class A office destinations in the King of Prussia / Valley Forge sub-market.

Bay Colony benefits from its central location within the heart of King of Prussia, and is located at the confluence of I-76, the PA turnpike, Route 202 and Route 422 - four of the region’s primary roadways, providing unmatched access from all directions. Additionally, Bay Colony provides easy access to the abundance of amenities found at the King of Prussia Mall, King of Prussia Town Center and Gateway Shopping Center, three of Philadelphia’s most sought after retail destinations. 

Bay Colony provides investors with stable in place cash flow, strong historic occupancy, and significant leasing upside. Rental rates have continued to increase over the past 5 years providing Bay Colony with the ability to release 38,000 square feet at 6% over in-place rents, offering investors an exceptional opportunity to capitalize on this growth. Bay Colony’s micro-market, the Swedesford Road Corridor, has historically outperformed the larger sub-market in leasing velocity, occupancy, and rental rate growth, and benefits from Tredyffrin Township’s favorable tax environment.