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741 First Avenue was acquired in 2013 from a major Philadelphia-area REIT that was actively liquidating and repositioning assets. Upon acquisition, SMC successfully retained the building’s anchor tenant while strategically enhancing the property to unlock its full value and potential.

As SMC’s first asset in the highly competitive King of Prussia industrial market, the property represents a significant milestone for the company. Positioned at the intersection of First Avenue and Allendale Road, and offering immediate access to I-76, I-276, and Route 422, the building is ideally located in the core of one of the region’s most sought-after business corridors.