The Capital Markets Group from Lee & Associates of Eastern Pennsylvania, consisting of Bob Yoshimura, Joe Hill, Eric Mattson and Joe Hill, Jr., orchestrated the sale of 3000 Cabot Boulevard, a 34,949 square foot office building in Langhorne, PA. A Philadelphia-based user purchased the building from the Arden Group and will fully occupy the facility.

The building offers convenient accessibility throughout the Philadelphia MSA via U.S. Route 1, I-295 and the Pennsylvania Turnpike.

The sale of 3000 Cabot Boulevard represents the third transaction that the Capital Markets Group has recently been involved with in the Bucks County submarket. In December 2020, the team brokered the sale of Cricklewood Green, a three building, 81,640 square foot, Class A office portfolio for $12.2 million. Additionally, in November 2020, the team brokered the sale of 100 Brandywine Boulevard, a Class A, 101,450 square foot office building for $18.0 million. Since 2018, the Yoshimura/Hill Capital Markets Group has brokered over $105.0 million of sales and 685,000 square feet of office product within the Bucks County submarket.

About Lee & Associates

Celebrating more than 40 years of leadership excellence in commercial real estate, Lee & Associates is the largest broker-owned firm in North America with locations across the U.S. and Canada including California, Colorado, Arizona, Florida, Georgia, Idaho, Illinois, Indiana, Kansas, Maryland, Michigan, Missouri, Nevada, New Jersey, New York, North Carolina, Ohio, Pennsylvania, South Carolina, Texas, Toronto, Ontario, Vancouver BC and Wisconsin. With more than 1,000+ brokers nationwide, Lee & Associates provides a wide range of specialized commercial real estate services on a local, regional and national level.

Lee & Associates of Eastern Pennsylvania began in May 2015. The Capital Markets Group, led by Bob Yoshimura and Joe Hill, joined in 2018. The LAEP Capital Markets Group has over 100 years of combined experience and have established themselves as one of the preeminent teams in the region. The Yoshimura/Hill Capital Markets Group has completed $8.0 billion of transactions in their careers. For the latest news from Lee & Associates, visit lee-associates.com/pennsylvania or follow us on LinkedIn, Facebook, Instagram and Twitter.