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The Greater Berks Development Fund, part of the Greater Reading Chamber Alliance, said that it has sold 24 acres of land to C&B Development LLC of Wyomissing.
GBDF purchased the land in 2018 with the purpose of providing industrially zoned land for business attraction and growth.
The property is located on Van Reed Road in Bern Township.
Construction of a 221,000-square-foot building on the site has been approved and construction is expected to start in the spring.
“It has been a pleasure working with the GBDF team over the past few years. This has been a complicated project that required quite a bit of collaboration, and we are very appreciative of GBDF’s support,” said Matt Close, C&B Development LLC partner. “We believe this project will be very beneficial to the community, and we are proud to invest in Berks County. We hope to continue to collaborate with GBDF on future opportunities.”
Previous sales from the GBDF’s 100-acre holdings in and around Van Reed and Leisz’s Bridge Roads include G&T Foam, UGI Utilities Inc. and Mid-Atlantic Interstate Transmissions LLC.
Currently, an 8-acre and an 11-acre parcel remain available for sale.
“We are pleased to have worked with C&B on this transaction. As a local developer, we were confident that C&B would successfully navigate the required review processes, ensuring an impactful project. This investment signals continued confidence in Berks County as an attractive location for business growth,” said Debra L. Millman, GBDF president.