Computer-games retailer sheds headquarters, warehouse
Move likely part of consolidation after company's recent merger
By Inman News, Thursday, June 22, 2006.BPG Properties Ltd. on Monday announced it purchased two office/warehouse facilities in West Chester and Sadsbury, Pa., totaling 456,521 square feet.
The total value of the transaction was $20.8 million.
Built in 2003, 200 West Stewart Huston St., located in Sadsbury, is a 314,521-square-foot distribution facility situated on 27.9 acres of land, which allows for expansion of up to 77,600 square feet. The property offers 30-foot clear heights, 20 tailgate doors, one drive-in door, ample parking and 14,000 square feet of finished office space.
The West Chester facility is located at 931 Matlack St., an approximately 142,000-square-foot distribution/office building situated on 13.2 acres adjacent to Route 202.
EB Games Inc., which sold the properties, is a computer-games retailer that in January merged with competitor GameStop. It used the West Chester building as its headquarters and the Sadsbury building as its primary distribution center.
BPG Properties Ltd. is a Philadelphia-based, privately held real estate investment firm.
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