Sunday, March 28, 2010

GSA Leases 12,676 SF at 280-288 Boot Road in Downington

"Aggregate rental of the lease was $550,000. GSA is a division of the Federal Government that offers products, services and facilities that federal agencies need to serve the public. In this particular facility, the Coatesville Veterans Administration Hospital will utilize warehouse space to support its renovation projects at its main campus."

"Within the first year of ownership, First Eastern has increased occupancy at the property from 0% to 89%", Newton said. We are very proud to have helped generate these results in such a difficult economic climate."

"280-288 Boot Road is a 48,817 square foot building containing three two-story flex suites ranging in size from 12,869 SF to 18,865 SF. Each suite has its own outside entrance, first and second floor office space, large warehouse facility and two tailgates. Drive-in loading is also available. Other features include natural gas heat, central air conditioning and parking for 64 cars. GSA will join Jimmy Duffy & Sons, Inc. and Delicious Bite, LLC as long term tenants in the building. This building is centrally located within 1.5 miles from the Route 30 Bypass with easy access to Routes 100, 322 and 202."

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