COATESVILLE, PA-A Keystone Foods distribution center here, about 45 miles West of Philadelphia, recently changed hands for just under $26.1 million. The 150,000-square-foot facility was formerly owned by an entity named KS Coatesville PA, and it was bought by what CB Richard Ellis called a “private investor,” according to the brokerage firm’s press release.

Food distributor Keystone holds a 20-year, triple-net lease on the asset, which is situated on 20.4 acres. The freezer/cooler distribution center provides supplies to about 400 McDonald’s restaurants throughout the Delaware Valley.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join now!

  • Free unlimited access to's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.