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Richardson, Shanahan and Hilbert represent the ownership Colliers International Philadelphia facilitates 115,000 s/f office lease in Bucks County B www.marejournal.com M id A tlantic Real Estate Journal — Pennsylvania — 7A UCKS COUNTY, PA — Colliers Interna- tional in Philadel- stops on the property during peak-hours.
consisting of four buildings to- taling 426,384 s/f of office and industrial space. Other quality tenants include Aon Service Corporation and Stanley Black & Decker. With up to 150,000 s/f of contiguous space available for lease to a full building user or to multiple tenants, County Line Commerce Center is the best value in the market for corpo- rations demanding corporate image space. The property is just minutes away from the PA Turnpike Interchange (Rt. 611) and the Septa R2 Warminster regional rail line. Septa bus routes 22 and 55 stop on-site and the rushbus makes five
ABB is based in Zurich, Swit- zerland, the company employs about 140,000 people and oper- ates in 100 countries. The firm’s shares are traded on the stock exchanges of Zurich, Stockholm and New York. ABB is par- ticularly proud of its record for innovation - widely recognized through countless awards and scientific accolades. Many of the technologies we take for granted today, from ultra-ef- ficient high-voltage direct cur- rent power transmission to a revolutionary approach to ship propulsion, were developed or commercialized by ABB. n ested institutional buyers and selected Metro Storage. This is Metro’s eighth acquisition in the Philadelphia market in the past year,” said Howard. Marzullo, senior vice presi- dent with CBRE’s Wayne, PA office, added, “It’s in an excel- lent location with exposure to Rte. 611 and easy access to the Pennsylvania Turnpike, in an area of Montgomery County with strong residential, com- mercial, retail, and industrial demand.” Willow Grove Self Storage is a 92,250 s/f facility with six single story non-climate controlled buildings and three fully climate controlled build- ings, totaling 626 units. Steel NA, LLC in leasing a 13,500 s/f portion of the 70,000 s/f modern one-story building located at 2101 Green Ln., Bristol Commerce Center, Bristol, PA from Green Lane Properties LLC, represented by Andrew McGhee of Colliers International. Sean Durkin of Roddy Inc. advised Salem Steel leased the property to accommodate the company’s continued growth and intends to use the space for a warehouse/distribution center. n
HI-LIGHTS MAY 15 - 28, 2015 County Line Commerce Cen- ter is a class A mixed use com- plex in Warminster Township, Bucks County, Pennsylvania phia recently completed a 115,000 s/f lease extension and expansion at County Line Commerce Center with ABB, Inc., making them the largest tenant at the property. The Colliers team of Sandy Rich- ardson, Matthew Shanahan , and Kyle Hilbert represent the ownership at County Line Commerce Center. PA’S PROJECTS/ BUILDING SERVICES SPOTLIGHT 12-15A Grace of Landmark Comm’l. Realty inks 50,000 s/f lease
15-17 E. Gay St.
CBRE brokers sale of 628 Unit Willow GroveSelf Storage inMontgomeryCounty
PHILADELPHIA, PA — CBRE, Inc. has brokered the sale of Willow Grove Self Stor- age in Willow Grove. Michael Howard , senior vice president of CBRE’s Self Storage Advi- sory Group, along with Steve Marzullo and Justin Mar- lowe of CBRE’s Investment Properties Philadelphia Com- mercial Group, represented the seller. The class A facility was sold to Metro Storage, LLC, a privately owned, fully integrated, international self- storage operating company with 11 facilities in the Phila- delphia area. “Through a national mar- keting campaign, our team identified a deep pool of inter- PENNSAUKEN, PA — Roddy Inc. represented 945 Sherman Holdings, LLC in the purchase of 945 Sherman Ave., Pennsauken Industrial Park, Pennsauken fromThe Lorraine G. Conolly Family Trust. The 66,585 s/f building is situated on 3.5 acres, features 13 tailgate doors and 18,429 s/f of air conditioned controlled and insulated warehouse space. The property is located in the Pennsauken Industrial Park with excellent access to Rtes. 130, 73, 90 and the Betsy Ross
Willow Grove Self Storage
Garibaldi teams with Avison Young to sell 284,582 s/f
Robert Olender of Roddy orchestrates $2.2 million sale
945 Sherman Ave.
Bridge. Robert Olender of Roddy Inc. represented the purchaser, 945 Sherman Holdings for $2.2
million and the facility will be occupied by Stay Fresh Foods. In a second transaction, Roddy Inc. represented Salem
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