Industrial building sold in Conshohocken

Velocity Venture Partners has acquired the former home of Find Grinding Corporation located at 241 East Elm Street in Conshohocken. According to Justin Bell of Newmark, the 27,500-square-foot industrial building will undergo a renovation and be “repositioned as a modern, functional warehouse/manufacturing space in the heart of Conshohocken.” The sale price was not announced and public property records have not yet been updated to show the transaction.

Velocity Venture Partners is an industrial real estate acquisition and development firm based in Bala Cynwyd.

Bell represented Velocity Venture Partners and Tom de Jong of SIOR represented the seller.

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