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PHILADELPHIA-Charlotte, NC-based First Union has put the four-story, 372,000-sf Spring Ridge office property in Wyomissing, PA up for sale. Constructed 10 years ago for Reading, PA-based Meridian Bank, it served as an operations center for Meridian, Philadelphia-based CoreStates Financial Corp., and First Union.

It is at One Meridian Blvd. on 55 acres near Reading, PA in Berks County within easy access of Routes 422 and 222. It has 15,000 sf of raised-floor computer space, expandable to an additional 10,000 sf, an uninterruptible power system and an equipped cafeteria and fitness center.

The sale price is not disclosed. Brokers who operate throughout Berks County tell GlobeSt.com that the asking price for such class-A office buildings is about $19 per sf.

The sale is being handled by a team from the Philadelphia office of Insignia/ESG, headed by Robert Zwenger, senior director of that office, and Michael Margolis, Alan Razak and Bill Wolf.

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