JLL to market for sale investment-grade single-tenant, net leased trophy office tower in Greater Philadelphia

PHILADELPHIA, Feb. 11, 2026 –  JLL Capital Markets announced today that it has been engaged to market for sale Cencora HQ @ SORA West, a 429,122-square-foot, trophy office headquarters in Conshohocken, Pennsylvania.

JLL is representing the seller, PRP Real Assets, in the transaction.

Completed in 2021, the 11-story office building was developed as a custom build-to-suit for Cencora, who selected the Conshohocken site for their new headquarters in 2018. Formerly AmerisourceBergen, Cencora is a Fortune 10 global pharmaceutical solutions company that serves as the critical link in the healthcare supply chain, ensuring medications and medical products reach patients efficiently and safely across multiple channels including but not limited to, hospitals, health systems, pharmacies and physician practices. The prominent office tower was meticulously designed to attract and retain top talent through a premier campus environment. The facility houses 1,500 employees, including Cencora’s executive level personnel, and features multiple floors of an extensive selection of amenities, which include indoor/outdoor dining services, individual and group fitness facilities, wellness rooms, coffee and snack bars and numerous collaborative work areas. The headquarters also features multiple large auditoriums and banquet spaces, which serve as venues for Cencora’s numerous town hall events and corporate functions held frequently throughout the year. This precise attention to design detail and quality has established the asset as the premier office property in the Philadelphia MSA.

Cencora HQ @ SORA West serves as the anchor and catalyst to SORA West, a large successful mixed-use development centered around a vibrant public plaza, including a 127-key Tapestry Collection by Hilton Hotel with restaurant space and a rooftop lounge, a gastropub and a 1,500-space parking garage. The genesis of the campus was born from the shared vision of Keystone Property Group, Conshohocken’s civic leaders, and the Montgomery County Redevelopment Authority. This multi-faceted project represents Conshohocken’s most aggressive initiative to create a vibrant, walkable town center that connects the downtown and residential areas.

Cencora HQ @ SORA West is located at 1 West 1^st Avenue, approximately 10 miles from Center City Philadelphia in Conshohocken, which has grown into one of the most desirable live-work-play environments in Greater Philadelphia. At just one square mile in size, Conshohocken offers a variety of lifestyle amenities, including retail, hotels, restaurants and entertainment, all within walking distance of the property. Since its transformation from a mill town, Conshohocken has emerged as one of the Greater Philadelphia region’s most dynamic office and residential markets, consistently attracting nationally recognized corporations such as Morgan Stanley, GlaxoSmithKline, Merril Lynch, in addition to Cencora. The submarket’s resilience and continued positive performance through and beyond the COVID-19 pandemic has earned national recognition as one of the top performing submarkets in the country, spurring substantial institutional investment. Conshohocken is strategically positioned within minutes of all the region’s major transportation nodes providing tenants and seamless access to major population centers, business districts and amenities throughout the region while connecting executives and employees from both the urban core and Montgomery County’s coveted suburban communities.

JLL’s Capital Markets Investment Sales and Advisory team representing the seller is led by Senior Managing Director Brett Segal and Director Matt Blumberg.

“Rarely does a recently delivered headquarters asset for a Top 10 Fortune 500 Company come to market,” said Segal. “SORA West’s Tier 1 quality and undisputed mixed-use location not just within Conshohocken but the entire Philadelphia region make this a particularly compelling investment opportunity.”

"SORA West is one of only a handful of trophy office buildings constructed in the Philadelphia market over the past five years. With no significant new development on the horizon, the property is strategically positioned as a flagship asset in the region for years to come," added Blumberg.

JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The group’s in-depth local market and global investor knowledge delivers the best-in-class solutions for clients, including investment sales and advisory, debt advisory, M&A and corporate finance, loan sales, equity & fund placement, net lease, derivative advisory and energy & infrastructure advisory. JLL Capital Markets has more than 3,000 specialists worldwide with offices in nearly 50 countries.

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For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500 company with annual revenue of $23.4 billion and operations in over 80 countries around the world, our more than 113,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAY^SM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com. 

PRP Real Assets is a national real estate investment management and development firm with a focus on three key verticals: Mission Critical Assets, Multifamily, and Thematic Special Situation Investments. For more than 20 years, PRP has built its business on a simple idea — identify the right opportunities, enhance the assets to create lasting value and deliver liquidity. Its disciplined approach and rigorous investment criteria have led to a diverse and resilient portfolio that performs across market cycles and unlocks new potential in every region of the country. This strategic focus has driven PRP’s success — investing in and developing more than 60 assets valued at over $6 billion across all major property sectors. As PRP continues to grow, its goal remains the same: deliver results that outpaces the market and value that outperforms expectations.