Amerimar Enterprises, Inc. and Dividend Capital Total Realty Trust acquired Bala Pointe Office Centre in 2006. The asset is a 2-story “Class A” office building with a premier location in Philadelphia’s most desirable suburban submarket. Bala Cynwyd offers proximity to Center City Philadelphia without incurring the city’s taxes.

The rent roll offers high quality income from an anchor tenant in its long-term lease to Clear Channel (64,172 RSF, 37.12% of building total RSF) as well as a highly diversified rent roll in the remainder of the building where no other tenant occupies more than 5% of the building area.