In two separate transactions, MIM-Hayden purchased 3 office buildings totaling 118,000 SF in the Whitelands Business Park in Exton, PA. This western suburb is a fast growing community within Chester County.
855 and 748 Springdale Drive, 53,000 SF and 14,000 SF respectively, were acquired in July 2009 and have been substantially upgraded. 835 Springdale Drive, an immediately adjacent “sister” building was strategically acquired in December 2011, also requiring substantial upgrading which is now completed.
After successful renovations, the Springdale Drive Portfolio is fully occupied.