E. Kahn Development recently acquired 15.7 acres of undeveloped land in Chester County, specifically at 1401 Phoenixville Pike in West Whiteland Township. The Malvern-based developer intends to construct approximately 150,000 square feet of industrial space on the site. The purchase price for the land was $3.1 million, and the seller was Johnson Matthey, a company specializing in chemicals and sustainable technologies. Johnson Matthey owns the adjacent parcel, which features an existing industrial building.

While the specific design for the industrial building or buildings has not been finalized, President Eli Kahn of E. Kahn Development anticipates that the overall project cost will fall within the range of $25 million to $30 million.

*Article courtesy of Philadelphia Business Journal

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