Mixed-use · Philadelphia
Comcast Technology Center (1800 Arch Street, incl. Four Seasons Hotel Philadelphia)
—, Philadelphia
Verified
sourcedmodeled1 of 7 sourced
Ownership & debt
Ownership chain & debt stack
Owner of record: Comcast Corporation (80% majority owner of the JV that owns the tower). The remaining 20% was held by Liberty Property Trust, which was acquiring-target of Prologis in the $12.6B merger completed Feb 2020; Liberty was ma.
1 recorded holder, with each holder's interest percentage and class.
Underwriting
Underwriting
Unlevered and levered IRR, equity multiple, exit math and a live sensitivity grid — built on the NOI, the debt stack and the rent roll above.
Provenance footnotes
- Current value: Single source — Bisnow Philadelphia · https://www.bisnow.com/philadelphia/news/construction-development/liberty-property-trust-lf-driscoll-comcast-technology-center-overrun-88011 · observed 2018
- $/SF: Estimated — no sourced claim on file.
- GLA: Estimated — no sourced claim on file.
- Ownership — Comcast Corporation (80% majority owner of the JV that owns the tower). The remaining 20% was held by Liberty Property Trust, which was acquiring-target of Prologis in the $12.6B merger completed Feb 2020; Liberty was ma: Single source — inquirer.com · https://www.inquirer.com/business/liberty-prologis-philadelphia-warehouse-logistics-hankowsky-rouse-comcast-towers-20191028.html
Modeled figures — LTV, debt yield, DSCR, cash-on-cash, occupancy, WALT, tenant concentration are derived arithmetic, not sourced claims. Not investment advice.
Anchoring begins when the asset enters the live ledger.