Chesco Building Bought For $127 Million By London Firm

MALVERN, PA -- A Malvern office building has been purchased by a London firm for $127 million, according to a press release from 90 North Real Estate Partners.

90 North Real Estate Partners in London teamed up with Arzan Wealth of Dubai to make the monumental purchase, the release states.

The campus of Saint-Gobain, one of the world’s largest building materials companies, is currently housed there, and they will remain on-site.

The state of the art LEED certified campus officially opened in October of 2015.

The campus includes 320,000 square feet of office and lab space over 65 acres, according to 90 North.

Saint-Gobain, founded more than 350 years ago by Louis XIV of France, is located on 20 Moore’s Road in Malvern.

Image courtesy Saint-Gobain.