Friday, October 29, 2010

King of Prussia Industrial Bldg Sells for $3.6M

"Brandywine Realty Trust sold their industrial building located at 630 Clark Ave in King of Prussia, PA to Red Sea Group for $3.16 million, or about $72 per square foot.

The single-story, 50,000-square-foot brick building was delivered in 1960. The facility features approximately 25 percent office and 75 percent warehouse space, and sits on a little more than three acres of land."

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