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Berkeley Co. industrial park land sold to warehouse firm

April 01, 2004|by CANDICE BOSELY

MARTINSBURG, W.Va. - Sale of the first piece of property in an industrial park off U.S. 11 was approved Wednesday afternoon.

Members of the Berkeley County Development unanimously approved selling two acres to A&S Warehousing Distribution, which owns an adjacent eight-acre parcel.

The company plans to use the acreage primarily for parking, said Development Authority member Howard Strauss.

The land will be sold to A&S for $65,000 an acre, but the price will be reduced by 10 percent if the company agrees that its eight acres will abide by the same covenants and restrictions planned for the park, Strauss said.

Development Authority member Clarence E. "CEM" Martin stressed the deal is for A&S only and not a precedent for any future transactions.

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A&S leases its building to a trucking firm, Strauss said.

Other clients are looking at the 326-acre park, called the Criswell property, as a possible site to open a business, Strauss said.

The Development Authority paid $4.1 million for the land, which is between U.S. 11 and Interstate 81 off Tabler Station Road, south of Martinsburg.

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