S outheastern P ennsylvania
Real Estate Journal — Southeastern Pennsylvania — October 13 - 26, 2017 — 5C
www.marejournal.com
M id A tlantic
Located within Bucks County’s New Ford Mill Rd. Industrial Park Roddy Inc. brokers the sale of a 233,500 s/f crane-served facility
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erty is located within 2 miles of the deep water port facility located within Keystone Indus- trial Port Complex. The property provides access to Rte. 13, Rte. 1, I-95, I-295, the PA Tpke. (I-276) and the NJ Tpke. (I-95) as well as bridges to New Jersey. PennFab, Inc. headquar- tered in Bensalem is a 31 year old Veteran owned company. They are an AISC and AWS certified fabricator and a ma- jor supplier to the railroad and transportation industries providing signal bridges, cat- enary structures, foundations, track material, signal sup- ports, walkways, cable trays, wire ways, handrails, anti-fall equipment, safety railing, bal- last retainers, bridge beams, tie bars, bridge bearings, gird-
ers and more. Other industries include, material handling, highway and bridges, heat treating, and furnaces, part washers, pollution control, flight and training simulators, water treatment, heat recov- ery and simulation chambers, stairs, mezzanines, equipment skids and numerous OEM or- ganizations. Ryerson Inc. is a distribu- tor and processor of metals in North America. Headquar- tered in Chicago, Ryerson offers a range of products, leading processing and fab- ricating capabilities, a broad geographic reach and an estab- lished commitment to superior service. Manhasset Bay Associates is a private equity property group headquartered in New York. n
orrisville, PA — Roddy Inc. , the Bensalem-based in-
dustrial and commercial real estate brokerage firm, an- nounced that it brokered the sale of the 233,485 s/f dual- tenant facility located on 13.75 acres at 20 Steel Rd. South, New Ford Mill Rd. Indus- trial Park, Morrisville, Bucks Countyto 20 Steel Road, LLC, an entity related to PennFab, Inc., on behalf of Manhasset Bay Associates. Frank Roddy , president of Roddy Inc., who handled the sale advised that the premier crane and rail served facility was sold to 20 Steel Road, LLC for $10.6 million. Roddy fur- ther advised that the adjacent 14.63 acre land parcel is being offered for sale.
20 Steel Rd. South
The facility is presently di- vided into two units, 118,000 s/f, which is occupied by Ry- erson, Inc., and 115,000 s/f, which is occupied by PennFab, Inc. The fully heated facility offers eleven remote operated cranes ranging in capacity from 10-30 tons, three covered tailgate loading docks, ten
drive-in doors providing three drive-thru bays front to rear, 46’0” sloping to 39’0” clear height under steel purlins, a rail spur running 360’ through the building from front to rear serviced by CSX and Norfolk Southern, 34.5 KV/2500 KVA primary electric service and 14,835 s/f of offices. The prop-
For more information contact Lea Christman P: 781-740-2900 | lea.christman@marejournal.com www. www.marejournal.com
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