Contact:  Stacey Caldwell, Director of Marketing

Phone:  610-828-0100 x 1651

January 17, 2017

FOR IMMEDIATE RELEASE

BEACON COMMERCIAL REAL ESTATE, LLC ANNOUNCES

THE SALE OF 1147 LANCASTER AVENUE, BERWYN, PA

RADNOR, PA – Beacon Commercial Real Estate LLC is pleased to announce the sale of 1147 Lancaster Avenue located in Berwyn, PA.  1147 Lancaster Avenue is a two story office building situated on a half-acre of ground.  The building was constructed in 1921 and is comprised of 3,500 RSF.  In addition, the property has 18 private parking spaces and will be owner occupied.  The new owner will be doing a complete renovation to the building, which will modernize the property with 2017 finishes.

Colin McHale represented the Seller, Victor and Melinda Combe, and Gene McHale represented the Buyer, MWA Properties, LLC.  The sale took place on December 27, 2016.

1147 Lancaster Avenue is located in the desirable Upper Main Line area of Berwyn, PA, only minutes from public transportation such as Berwyn Transit Stop and the SEPTA R5 commuter rail line.  The Philadelphia Airport is just a 30 minute drive away.  Major highways located nearby include Rt. 202 and I-76 (Schuylkill Expressway).

_________________________