Friday, November 12, 2021

Audubon Land Development buys Happy Days Farm in Exton for $18M

 Natalie Kostelni Reporter Philadelphia Business Journal

Audubon Land Development has paid Nelson Realty Trust, an entity affiliated with Vanguard Group, $18.1 million for what is referred to as the Happy Days Farm, which fronts the Pennsylvania Turnpike and Route 100 in Exton, according to Chester County property records.

Records show that roughly 240 acres were purchased by the Lower Providence-based real estate company.

The Uwchlan planning commission has approved a plan in which Audubon Land will develop 1.93 million square feet of warehouse-distribution centers in three buildings and a 30-acre passive park with trails. Audubon Land told Uwchlan officials that work could begin on the largest of the buildings, a 1.1-million-square-foot structure, and the park in 2022.

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