This offering presents a rare opportunity to acquire a five-building suburban office portfolio strategically located in Kingston, Pennsylvania, part of the Scranton–Wilkes-Barre–Hazleton Metropolitan Statistical Area. Totaling 95,037 rentable square feet, the portfolio consists of well-maintained Class B buildings ranging from one to three stories with abundant surface parking. Built between 1978 and 1998, these assets have delivered strong tenancy stability, with 96% occupancy driven by small- to medium-sized firms in healthcare, finance, insurance, legal, and other service-based industries.
The properties are positioned in an irreplaceable location with strong barriers to entry and limited new construction, creating a supply-constrained environment. The portfolio benefits from proximity to major transportation routes including Route 309 and I-81, as well as easy access to the Pierce Street Bridge and the Wilkes-Barre Central Business District. The surrounding area combines an affluent residential base with a vibrant retail district and is minutes from the Back Mountain and Mountain Top communities.
With favorable in-place occupancy and potential upside through strategic lease restructuring to rentable square feet, this investment presents significant opportunity for value creation. Offered at a material discount to replacement cost, this portfolio offers investors durable income, upside potential, and long-term stability in a growing secondary market.