Thursday, August 5, 2010

Phila. warehouse sells for $550,000

"A subsidiary of Glenn Distribution Corp., a wholesale foods distributor based in Pennsauken, N.J., sold its 170,105-square-foot warehouse and distribution center in Philadelphia for $550,000, according to property records.

The property at 4518 Tacony St. was bought by an entity going under the name of Tacony Chocolate Factory LP. However, it is BDDW, a furniture company based in New York that hand makes solid wood furniture. Towne Line Shoppes at 3 E. Evesham Road in Voorhees, N.J., traded for $1.25 million. The 8,500-square-foot strip center that also has a free-standing Dunkin’ Donuts was sold to an undisclosed buyer.

Paul Davis Restoration expanded into 3,000 square feet at 110 Darby Commons Court in Folcroft. Paul Davis Restoration is a franchise that focuses on emergency restoration services, property damage mitigation, reconstruction and remodeling for residential, institutional and commercial companies."

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