Premier Office Solutions purchased the industrial facility at 601 Davisville Rd. in Willow Grove, PA from Davisville Road Investors LP for $2.71 million, or about $27 per square foot.
The 98,600-square-foot building was constructed in 1955 and is situated on 6.2 acres in the East Montgomery County Industrial submarket of Philadelphia. The property features 30 percent office build-out, 21-foot clear heights, 1,200-amp heavy power and parking to accommodate 200 cars.
Neil Shupak and Justin Bell of Newmark Knight Frank Smith Mack handled the deal for the seller. Larry Doyle of Arlington Group RE represented the buyer.
Please see CoStar COMPS #2520464 for additional information on this transaction.
Editor's Note: The story was updated to show Larry Doyle with Arlington Group RE represented Premier Office Solutions in the sale.