Friday, February 3, 2017

Goldman Sachs Buys Valley Forge DC

Goldman Sachs Group, Inc. acquired the Valley Forge Distribution Center at 125 Green Tree Rd. in Phoenixville, PA for $54 million, or about $67 per square foot, from Colony Realty Partners.

The 801,106-square-foot industrial building is fully leased to three credit tenants - Essendent, Haines and PODS - with a weighted average lease term of over 8.6 years.

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