Friday, July 1, 2011

Flurry of Deals in Chester County

"The first deal involved the sale of three units at the newly constructed Lincoln Independence Park in West Chester. The 8,100 SF flex / industrial condominium was purchased by 4 Moses Properties, LLC and will be used for office and warehouse space for a locally owned distribution company.

Another recent transaction also included one 2,700 SF unit at Lincoln Independence Park. This space will also be used for office and warehouse space for a local company serving the international electrical generation industry. The Buyer was NWES Holdings, LLC.

The sale of 2329 Yellow Springs Road, Malvern, PA. This historic office building will be used as the future offices of Wharton Business Group, an Exton, PA based financial and business planning firm. The Buyer was 2329 Yellow Springs Road, L.P. and the Seller was Customers Bank."

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