Acero Holdings LLC acquired a vacant industrial building located at 1340 Enterprise Drive in West Chester, PA from B A Partners LP for $3.7 million, or about $48 per square foot.
This property was delivered in 1989 and totals 76,000 square feet. It has been vacant since April 2010 when the previous tenant's lease expired. This building will now be used by the owner as a location for its existing business, Acero Precision.
John Greenwald and Taylor Young of Beacon Commercial Real Estate LLC represented both sides of the sale.
For more information on this transaction, please see CoStar COMPS #2206570.