3790 Morrell Ave 7,166 SF 83% Leased Office Building Philadelphia, PA 19114 $1,100,000 ($153.50/SF) 7.32% Cap Rate

LabCorp is a publicly traded life sciences company headquartered in Burlington, North Carolina. Founded on September 5, 1978, the organization has evolved into a global provider of diagnostic testing and laboratory services. Operating across nearly 100 countries, the company offers extensive clinical diagnostics and supports medical decision-making through specialized laboratory capabilities. LabCorp functions through two primary segments: diagnostics services and biopharma laboratory services. Its diagnostic offerings include routine and specialized laboratory tests, molecular diagnostics, and pathology analysis. The organization is also active in drug development, providing laboratory support for clinical trials and related research. LabCorp is listed on the New York Stock Exchange under the ticker symbol LH and is privately held by a broad base of public shareholders. The company has achieved notable growth through strategic acquisitions and technological investment. Its network includes laboratory campuses, specialty testing centers, and administrative operations supporting laboratory workflows.

Select Medical is one of the largest providers of critical illness recovery hospitals, inpatient rehabilitation hospitals and outpatient rehabilitation centers in the United States. Guided by their mission to provide an exceptional patient care experience that promotes healing and recovery in a compassionate environment, their healthcare professionals help to restore quality of life for thousands of people and their families every day. Co-founded by Rocco A. Ortenzio and Robert A. Ortenzio in 1996, Select Medical began as a regional provider of outpatient physical rehabilitation. Contract therapy was added to the company's specialized health care offerings in 1997, and was quickly followed by the introduction of long-term acute care in 1998. In 1999, Select Medical made one of its largest acquisitions by purchasing NovaCare Physical Rehabilitation and Occupational Health.