125 SPRING ST
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Location
125 SPRING ST
Mblu
18/ / 15E/ /
Acct#
Owner
SHIRE HUMAN GENETIC THERAPIES INC
Total Market Value
$21,135,000
PID
1955
Building Count
1
Current Value
Assessment
Valuation YearImprovementsLandTotal
2026$14,663,000$6,472,000$21,135,000

Owner of Record
OwnerSHIRE HUMAN GENETIC THERAPIES INC
Co-OwnerSHIRE ACCOUNTS PAYABLE
Address730 STOCKTON DRIVE
EXTON, PA 19341
Sale Price$165,000,000
Certificate
Book & Page 54920/0208
Sale Date06/30/2010
Instrument1V

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
SHIRE HUMAN GENETIC THERAPIES INC$165,000,000 54920/02081V06/30/2010
PATRIOT PARTNERS LEXINGTON LLC$10 45231/03041B05/23/2005
PM ATLANTIC LEXINGTON LLC$51,500,000 37402/03181A12/18/2002
PM ATLANTIC LEXINGTON LLC$51,500,000 01262/00521G12/18/2002
RAYTHEON COMPANY$0 21615/0379 12/18/1991

Building Information
Building 1 : Section 1
Year Built: 1969
Living Area: 46,366
Replacement Cost: $18,263,207
Building Percent Good: 76
Replacement Cost
Less Depreciation:
$13,880,000
Building Attributes
FieldDescription
Style:LAB/OFFICE
ModelIndustrial
GradeC
Stories:2
Occupancy1.00
Exterior Wall 1PRE-CAST CONCR
Exterior Wall 2 
Roof StructureFLAT
Roof CoverT&G RESDEN
Interior Wall 1SKIM COAT PLST
Interior Wall 2 
Interior Floor 1WW/CARPET
Interior Floor 2 
Heating FuelGAS
Heating TypeHOT WATER
AC TypeCENTRAL
Bldg UseLAB OFFICE
Total Rooms 
Total Bedrms00
Total Baths0
1st Floor Use:3400
Heat/ACHEAT/AC PKGS
Frame TypeSTEEL
Baths/PlumbingAVERAGE
Ceiling/WallSUS-CEIL & WL
Rooms/PrtnsAVERAGE
Wall Height15.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 24,404 24,404
FUSUpper Story, Finished 21,962 21,962
CLPLoading Platform, Finished 432 0
FEPPorch, Enclosed, Finished 423 0
UBMBasement, Unfinished 4,698 0
   51,919 46,366

Extra Features
Extra Features
CodeDescriptionSizeBldg #
ELVElevator3.00 Story1
SPR2WET/CONCEALED53702.00 S.F.1
LDL1LOAD LEVELERS1.00 UNITS1

Land
Land Use
Use Code4060
DescriptionLAB OFFICE  
ZoneCD-10
NeighborhoodA
Alt Land ApprNo
Category
Land Line Valuation
Size (Sqr Feet)226512
Frontage
Depth0
Total Market Land$6,472,000

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeBldg #
PAV1PAVING-ASPHALT  474972.00 S.F.1
SGN2DOUBLE SIDED  45.00 S.F.&HGT1
GAZGAZEBO  3000.00 S.F.1
Valuation History
Assessment
Valuation YearImprovementsLandTotal
2026$14,663,000$6,472,000$21,135,000
2025$15,752,000$6,397,000$22,149,000
2024$15,190,000$6,092,000$21,282,000
2023$14,413,000$5,539,000$19,952,000

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