March 21, 2005

Real Estate
Natalie Kostelni

West Chester sale

Two historic buildings converted into offices at the Village at Franklin Corners in West Chester sold for a total of $2.38 million. Tom Deignan is the developer of the four-building complex.

Pinnacle Reach bought the Mill building, a 9,855-square-foot structure at 301 Lacy St., for $1.7 million. BYL Inc., a financial services firm, will occupy the space, moving from Airport Road. Fox Commercial Real Estate represented the buyer.

Hidden Farm Associates bought the 3,500-square-foot Executive building at 237 Lacy St. for $680,000. Brandon Associates, a sales engineering and marketing company, will occupy space in it. NAI Geis Realty Group represented the seller in each transaction, as well as the buyer for the Executive building.

Natalie Kostelni can be reached at nkostelni@bizjournals.com or 215-238-5139.