In January 2025, ESJ acquired Oxford Court, a 152,113 SF nine-building office campus on 12 acres at $16M ($105 PSF), with the property 71% leased at closing. ESJ's value-add strategy centers on leasing up remaining vacancy by attracting medical and healthcare users, a tenant profile that commands premium rents and longer lease terms in this submarket.
Targeted capital improvements across the campus are designed to reposition the asset to institutional quality, enabling ESJ to push rents to market and drive NOI growth ahead of a planned exit in late 2027.
The suburban Philadelphia medical office market offers strong demand fundamentals, limited new supply, and a deep pool of healthcare tenants - making Oxford Court a compelling risk-adjusted opportunity.
19950 West Country Club Drive
Suite 800
Aventura, FL 33180
USA
2A Rue Ermesinde,
L-8416 Steinfort
GD of Luxembourg
19950 West Country Club Drive
Suite 800
Aventura, FL 33180
USA
2A Rue Ermesinde,
L-8416 Steinfort
GD of Luxembourg