Thank you for sharing!

Your article was successfully shared with the contacts you provided.

KENNETT SQUARE, PA-Yorklyn, DE-based Charles Taylor & Sons inks an eight-year space contract for 12,000 sf at 503 Schoolhouse Rd. here. It is a sublease from SEOS Inc., and has an aggregate rental value in excess of $700,000.

The space combines a clear, 18-ft-high ceiling and tailgate loading facilities with corporate office space. Taylor is a specialist in designing and installing hardwood floors and has multiple locations in this state and in Delaware. This location gives the company access to the entire West Chester, Kennett Square market area via Route 202.

Steve Italiano, SVP in the Wayne, PA office of CB Richard Ellis, was sole agent representing the sublessor in finalizing the agreement.

Meanwhile, Italiano is also exclusive agent for the sale or lease of a 41,200-sf industrial property on seven acres in nearby Upper Chichester, PA. The asking sale price is just under $2.7 million, or about $64.32 per sf.

The building is located at 142A Conchester Hwy., Route 322, and is less than a minute from I-95 and the Commodore Perry Bridge to New Jersey. Italiano says it is expandable and suitable for retail or sports-related use as well as industrial operations.

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?


Join GlobeSt

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

  • Free unlimited access to GlobeSt.com'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 ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.