A marquee property in Conshohocken is officially on the market, according to Paul Schwedelson for The Philadelphia Business Journal.
The 429,000-square-foot headquarters of Cencora has been listed for sale by owner PRP Real Assets. The 11-story, Class-A office building at 1 W. First Ave. is fully leased to the Fortune 10 pharmaceutical giant, with 10 years remaining on its lease.
Developed by Keystone as a build-to-suit project, the property anchors the 520,000-square-foot Sora West mixed-use campus in Conshohocken. Cencora, formerly AmerisourceBergen, moved into the headquarters in 2021 and houses approximately 1,500 employees at the site. The building features high-end amenities, including indoor and outdoor dining, fitness centers, wellness rooms, coworking space, coffee bars, and multiple auditoriums and banquet areas. The campus also includes Hotel West & Main and structured parking.
The listing represents a rare opportunity: a fully occupied trophy office property less than five years old in one of Montgomery County’s strongest office submarkets. Recent Conshohocken trades at One and Eight Tower Bridge averaged roughly $228 per square foot. At that rate, the Cencora building could approach a $98 million valuation, though its newer construction and full occupancy could command a premium.
To learn more about the building’s history and sale, visit The Philadelphia Business Journal.
Editor’s Note: This post was originally published on MONTCO.Today in February 2026.
