Kenco Hydraulics acquired the industrial building at 2280 Amber Dr. in Hatfield, PA from a private investor for $1.55 million, or about $39 per square foot.
The single-story, 40,120-square-foot industrial building is comprised of 13,000 square feet of office space and 27,120 square feet of warehouse space on 2.2 acres. The property is located in the West Montgomery County Industrial submarket.
Kenco previously was running its business out of two buildings a short distance from this property, but decided to consolidate its operations under one roof, while allowing for future expansion.
www.omegare.com
Thursday, October 4, 2012
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