Natalie Kostelni

The Cedar Run Corporate Center, a 60,000-square-foot office building at 901 E. 8th Ave. in King of Prussia sold for $9.45 million. AMC Delancey of Philadelphia sold the fully leased building to SJS Realty Management Inc. of Cherry Hill in a transaction arranged by NAI Geis Realty['s Paul Wolfson and Arthur Weisman].

AMC Delancey bought Cedar Run in 2002 for 4.9 million when it was 19 percent occupied. It was constructed on seven acres in the early 1970s as the headquarters for CE Minerals Inc. The company, which makes specialized coating for glass, and owns mines was bought several years ago by Imerys, a Paris company that makes building materials. At the time, AMC bought the building, CE occupied just 12,000 square feet. AMC invested $3 million in renovtaions and brought the building up to full occupancy.

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