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Press Release

HDREA successfully closes building sale despite turbulent times in the Office market
EXTON, APRIL 2023

HDREA’s principals and Senior Advisor Tripp Traynor facilitate the sale of a partially occupied office building in Whitelands Business Park. The building featured substantial deferred maintenance, minimal lease term remaining, as well as a location in an office park featuring market-high vacancy rates, presenting a significant challenge for a sale.

“The conditions of the marketplace and the property itself created a unique circumstance which tested our firm’s persistence and marketing expertise. Our Office & Industrial team, led by Tripp Traynor, deserve immense credit for their efforts finalizing this transaction, which serves as a perfect case study of our firm’s dedication to each and every project”, says Hunter Durant’s co-founder Austin Wolfington.”

For more information on the transaction, please contact us at: office@hunterdurant.com.

About Hunter Durant Real Estate Advisory Firm

Hunter Durant is a boutique commercial real estate advisory firm specializing in complex real estate transactions on a local and national level. Hunter Durant specializes in acquisition identification, development-entitlement services, disposition representation, and tenant representation. Its ownership’s background as principal developers and property owners has allowed the firm to provide a unique insight to its clients rarely seen in the industry.