Wednesday, May 9, 2012

Benjamin Foods Acquires Hatboro Industrial

Vornado Realty Trust sold the 127,028-square-foot industrial building at 1001 S. York Rd. in Hatboro, PA to Benjamin Foods for $8.75 million, or about $69 per square foot.
The distribution facility sits on more than 17 acres. Benjamin Foods exercised its option to purchase the facility stated in the original lease agreement signed in the first quarter of 2010.

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