Colliers International Facilitates Sale of West Chester, PA, Industrial Facility

16 Hagerty Blvd., West Chester, PA

WEST CHESTER, PA— Colliers International brokered the sale of a 35,150 square-foot industrial facility situated on 3.18 acres for $2.85 million. The site, located in the Birch Run Industrial Park at 16 Hagerty Boulevard in West Chester, PA, was the former home of VF Technologies . The buyer, Turf Equipment and Supply Co ., will occupy about 22,000 square foot of clear-span, crane-served space with contiguous offices. The balance of the building is a two-story office structure fully occupied by professional services’ tenants. Turf Equipment and Supply is relocating from Kennett Square, PA in the fall of 2016, and expects to bring new jobs and significant investment to upgrade the previously vacant space, Colliers says. The buyer selected the property due to its outstanding, highly-desired location at Route 202 and Matlack Street, the compatibility of the space to fit their needs, and as a stable investment opportunity. Larry Bergen of Colliers International’s industrial division, represented the buyer. Steve Italiano of Italiano Commercial Real Estate Services represented the seller, who was not identified.