"Interstock Premium Cabinetry Co. leased a 148,000-square-foot building at 6300 Bristol Pike in Bristol.
The company is consolidating two locations into the building and expanding. It had been in 77,000 square feet and 22,000 square feet in Feasterville. The new building will house executive offices as well as serve as a showroom, warehouse and distribution facility. The company makes wood kitchen and bathroom cabinets
An affiliate of Endurance Real Estate paid $15.9 million, or $41.33 a square foot, for a 384,695-square-foot industrial building at 9747 Commerce Circle in the Arcadia West Industrial Park in Weisenberg. Endurance bought it from an entity related to Higgins Development Partners and Pritzker Realty Group. The property was constructed in 2007 and Teva Pharmaceuticals occupies 55 percent of it. The remainder is vacant. Endurance of Bala Cynwyd, targets those type of value-add acquisitions
Two flex condominiums were sold in the Park Valley Corporate Center in West Chester for $857,650. The properties total 10,090 square feet and were bought by Stephen F. Horstmann and Megan T. Horstmann Trust. The seller was Park Valley Corporate Center Associates."
Thursday, August 19, 2010
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