### Newmark Facilitates $16M Sale of Oxford Court Medical Office Portfolio
Newmark has successfully arranged the sale of the $16 million Oxford Court Portfolio, a nine-building medical office campus in Langhorne, Pennsylvania. The property was acquired by ESJ Capital Partners.
Newmark’s Senior Managing Directors Michael Margolis and David Dolan, along with Associate Angelo Brutico, represented the seller, SkyREM, in the transaction. Margolis highlighted the investment appeal of the portfolio, stating, “The Oxford Court portfolio is a highly compelling investment, driven by its strategic location and strong tenant roster. We look forward to seeing the assets continue to thrive under new ownership.”
The 152,310-square-foot portfolio was 72% leased at the time of sale. It is strategically located adjacent to the Oxford Valley Mall, a Simon property spanning 1.2 million square feet, and Jefferson Bucks County Hospital.
Additionally, the Oxford Court portfolio benefits from proximity to major transportation routes, sitting just three miles from the intersection of Interstate 95, Interstate 295, and the Pennsylvania Turnpike. This prime location offers convenient access to both the Pennsylvania suburbs of Greater Philadelphia and central New Jersey.
