Affiliates of Endurance Real Estate Group and Greystar-Thackeray have acquired a six-building light industrial portfolio in West Norriton for $31.75 million. The portfolio, totaling 200,359 square feet and fully leased to 15 tenants, was sold by Western Valley Forge Business Center LLC and IIT Valley Forge Business Center LLC. The buildings feature clear heights between 18 and 20 feet, along with a combined 530 parking spaces and 46 loading positions. This acquisition marks the 12th joint venture between Radnor-based Endurance and Thackeray since 2006; Thackeray was acquired by Greystar in 2021.

*Article courtesy of Philadelphia Business Journal

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