Tech Company's New $15M Chesco Digs

IFM Efector will relocate its headquarters to a new building that will be constructed at the Atwater Corporate Center in Malvern, Pa.

Trammell Crow Co. will construct the $15 million, two-story, 45,000-square-foot structure.

“We’ve been in the United States since 1985 and really excited about the next chapter for our company,” said Roger Varma, chief executive officer for IFM Efector.

IFM Efector, which designs and builds sensors used in a range of industries, currently leases 35,000 square feet at 782 Springdale Drive in Exton, Pa., and is nearing the end of its lease. It used the lease expiration as a trigger to explore its options for new office space and how it will use that space to position itself for the future.

“We’re a technology company and we worry about our brand and image in the market,” Varma said. “As a tech company, we want the right image.” Read more about this story on

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