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$18.8 Million King of Prussia Purchase

Investment Firm Acquires 14-Building Office Park
By Susan Thomas
August 21, 2002 | 6:07 P.M.

Berwind Property Group, a privately held real estate investment management firm, purchased the King of Prussia Business Center for $18.8 million, approximately $107.50 per square foot. The 14-building office park consists of approximately 175,000 square feet and was 82% leased at the time of sale. The park is located at 1004-1018 West 8th Ave. and 1001-1019 West 9th Ave. in King of Prussia, PA.

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