Forum Partners announced the acquisition of a $245.3 million portfolio of suburban office assets located in Horsham, Pennsylvania, in partnership with Workspace Property Trust. The newly created Workspace Property Trust is a vertically integrated, full service commercial real estate company specializing in the development, management and operation of office and flex space in the Northeast corridor. Strategically located off the Pennsylvania Turnpike, the portfolio comprises 2.4 million square feet of office and flex space in the corporate community of Horsham, Pennsylvania; the most heavily concentrated property type is 860,000 square feet of Class-A multi-story office.

For Forum, this marks the Firm's second investment in the U.S. in the year 2015, after more than a decade of successful investing in Europe and Asia. In July, Forum acquired a strategic interest in The Dermot Company, a New York City based multifamily owner, operator, and developer.