Fast-growing Velocity Venture Partners has purchased the 468,000-square-foot Yeadon Industrial Center in Delaware County for $41.75 million. Velocity plans to spend an additional $8 million on capital improvements to upgrade the complex and raise rents to market rates, co-founder Zach Moore said. “It’s not very often we get the opportunity to buy a building of that… Read more »
Posts Tagged: Flex
WCRE Completes Flex Sale with Wharton Industrial Partners
WCRE is proud to have represented Wharton Industrial Partners in the acquisition of 19 Creek Parkway in Boothwyn, Pennsylvania. 19 Creek Parkway is an approximately 22,000 square foot flex industrial building situated on 1.8 acres. This well-located warehouse property is fully leased to Flowserv Corp. 19 Creek Parkway provides direct access to Routes 322 and is minutes from… Read more »