New York-based Leser Group, a real estate investment and management firm, has completed the acquisition of a portfolio of retail and office buildings in the West Parkside neighborhood of Philadelphia.
Totaling 78,194 square feet, the buildings are leased to national anchor tenants including Davita, Santander Bank, and Goodwill.
The office portion of the portfolio, situated at 5050, 4946, 4952-64 Parkside Ave., was fully leased to homecare, local professional tenants, among others.
Leser Group bought the properties for $15.3 million from U.S. private equity company Rockland Capital, which was represented by Marcus & Millichap in the deal.