Thursday, July 22, 2010

First Eastern Development Pays $3.9M for Office Bldg.

"First Eastern Development Co. purchased the office building at 1585 Paoli Pike in West Chester, PA, from Fuchs Development Co. for $3.85 million, or about $115 per square foot.

The two-story, 33,279-square-foot building was constructed in 1988. First Eastern has already leased the entire facility to Pennsylvania Charter School. The school will take occupancy in September."

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