Reimbursement Technologies, Inc (RTI)
FD Stonewater recently completed the acquisition of River Park I, a 170,000-square foot, multi-story office building located in Conshohocken, Philadelphia’s premier suburban submarket. The building serves as the headquarters for Reimbursement Technologies Inc. (“RTI”). RTI has been a long-standing tenant of River Park, where it has grown since the early 2000’s to now occupy the entire building. Several capital improvement projects are underway. River Park I marks the inception of FDS’s latest joint venture, fitting within the program’s long-term, single-tenant strategy. FD Stonewater’s partner is a foreign, family office investor.
DEAL INFOAcquisition Date: December 2017
No. of Buildings: 1
Square Feet: 170,000 SF