FD Stonewater acquired this office building in late 2017 within the firm’s long-term single tenant strategy. River Park I is a 169,163 SF multi-story office building located in a premier suburban Philadelphia submarket, situated adjacent to Philadelphia’s city boundary with direct access to SEPTA Regional Rail and Center City Philadelphia. The building serves as the headquarters for Reimbursement Technologies Inc. (“RTI”). RTI has occupied River Park I since 1999 and recently expanded to occupy the entire building. Several capital improvement projects are underway. The River Park I acquisition marks the inception of FDS’s latest joint venture with a foreign, family office investor.

Category: Investment/AM