Terms of the ACS lease were undisclosed. The average asking rental rate forindustrial space in the suburban community north of Philadelphia is between$5.15 per sf and $5.35 per sf, according to GlobeSt.com research. ACS willuse the building as a data entry and storage facility to support a contractit recently signed with the city of New York.
Christopher Kutzler and Peter Greenhalgh of the locally based office ofCushman & Wakefield of Pennsylvania represented Aetna in the sale of thebuilding and also negotiated the ACS lease.
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