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Local Investment Firm Sells Park Square for $108.5 Million

UDR Buys 314-Unit Apartment Complex in King of Prussia, Pennsylvania
The 314-unit Park Square apartment complex in King of Prussia, Pennsylvania. Photo: CoStar
The 314-unit Park Square apartment complex in King of Prussia, Pennsylvania. Photo: CoStar
By Esther Prince
June 12, 2019 | 2:24 P.M.

Local investment firm CornerstoneTracy sold the 314-unit Park Square apartment complex in King of Prussia, Pennsylvania, to Highlands Ranch, Colorado-based UDR for $108.5 million, or about $346,000 per unit.

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