Thursday, January 15, 2015

Penguin Sells Industrial Facility in West Chester

Exeter Property Group , a real estate investment management company, purchased the industrial facility at 1302 Goshen Pkwy in West Chester, PA from Penguin Industries, Inc. for $4.9 million, or about $66 per square foot.

The 75,000-square-foot warehouse was constructed in 1999 on 12 acres in the Chester Industrial submarket of Philadelphia. It features 24-foot clear heights and 10,000 square feet of built-out office space.

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