Friday, October 14, 2011

40,000 SF Industrial Building Sells in West Chester

"The sale of 917 Old Fern Hill Road, West Chester, PA was arranged. The 40,000 SF industrial flex building is 75% occupied.

The Buyer, Fernhill Business Center, LLC is led by Brad Wiggins of Wiggins Shredding. Wiggins Shredding plans to occupy the building and expand its operations. The Seller is Fern Hill Associates, L.P.

The 5 acre property in West Goshen Township was not actively for sale on the market."
Price was $3 million, or approximately $75 per square foot.

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