The owner of the sprawling former Budd Co. property in Philadelphia has paid roughly $15 million for 2450 W. Hunting Park Ave., a 275,000-square-foot building, and will fold it into the life sciences campus it is developing at the site. 

Plymouth Group bought what has been used as an administrative services building by Temple University. It was vacant at the time of the sale. 

The property was built in 1910 and originally used by Budd as offices and research and development. It has six acres, providing Plymouth with a total of nearly 50 acres of the former manufacturing campus. 

*Article courtesy of Philadelphia Business Journal

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