August 2006

NAI Geis Realty negotiated disposition of the Railroad Building

West Chester, PA

David McFadden and Adam Shute of NAI Geis Realty Group have represented Franklin Corners Associates in the sale of the Railroad Building, a 12,000-square-foot facility located at 515 S. Franklin St. within The Village at Franklin Corners development in West Chester. A private investor affiliated with the Pennsy Corp. purchased the property for $1.4 million. Pennsy plans to utilize 3,000 square feet to relocate its headquarters, and the remaining 9,000 square feet is reserved for expansion. Glenn Perry of Glenn Associates represented the buyer in the transaction.