Thank you for sharing!

Your article was successfully shared with the contacts you provided.

KING OF PRUSSIA, PA-Companies seeking flex space in Chester County have a choice of modern, class A facilities at below market rates. Approximately 25,000 sf in the 40,000-sf, multi-tenant, office/flex building at 600 Clark Ave. here, for example, is offered at a triple-net rental of $11.25 per sf. In nearby Malvern in Tredyffrin Twp., the asking rate in a new, 12,400-sf industrial/flex building at 2350 Yellows Springs Rd. is $13.75 per sf for the office area and $7.75 per sf for the warehouse area, or a blended rate of $10 per sf, triple net.

The space in CD Realty Advisors’ King of Prussia property is currently under renovation, and tenants are offered “a generous fit-out allowance,” according to Daniel C. Dagit and Michael Bronstein, first VPs in the Wayne, PA office of CB Richard Ellis, exclusive agent for the building. It has two tailgate loading docks, four-car parking for every 1,000 sf of leased space, and easy access to SEPTA public transportation.

The Yellows Springs Rd. building contains 4,800 sf of class A office space on two floors and 7,600 sf of warehouse space with ceiling heights of between 28 and 33 feet. It is located on a four-acre site and was just completed by locally based RJ Schmidt Co. as the second phase of a high-end industrial development in the township.

Wayne, PA-based Lieberman Earley & Co. is the exclusive leasing agent with JoAnne Cuddahy of that office marketing the property. According to Cuddahy, “it has the appearance and appeal of a company headquarters location” and is suitable for multiple industrial activities.

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.