Wednesday, September 1, 2010

Brandywine Sells Exton Bldg. for $3.9M

"Brandywine Realty Trust sold the office building at 479 Thomas Jones Way in Exton, PA, to Dunn Twigger Co. LLC for $3.9 million, nearly $80 per square foot.

The 49,264-square-foot office building was constructed in 1988 on a 4.4-acre parcel in the Oaklands Corporate Center. The building was roughly 35% vacant at the time of sale. Dunn Twigger Co. will act as asset and property manager."

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