Space in suite one is split 5,504 sf office and 6,178 sf warehouse, while suite three contains 7,173 sf of warehouse space. They can be combined into a single unit. The multi-tenant, 29,165-sf, building on Commerce Drive sits on a 3.7-acre site with paved parking for 50 vehicles. It was completed in 1980 and renovated in 1998.
The industrial vacancy rate in Chester County stood at 5.4% at the end of the second quarter of this year, according to GlobeSt.com research. That is the lowest vacancy rate among industrial markets in all of the Philadelphia-area submarkets.
Agents for the sale or lease are Phil Earley, a principal, and Michael Antonelli, a broker, with Wayne, PA-based Lieberman Earley & Co.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.