June 2025

22 — June 2025 — Pennsylvania — M id A tlantic Real Estate Journal

www.marej.com

P ennsylvania New tenants reflect the continued demand for MOBs NAI Summit announces two new leases in Bethlehem, PA

Roddy Inc. brokers renewal and expansion of lease in Phila.

B

ETHLEHEM, PA — NAI Summit announced two new leases at the

Bethlehem Medical Arts Center, a pre - mier medical office build - ing located at 5325 North - gate Dr. Beth - lehem Smiles, has officially signed a

2191 Hornig Rd., Philadelphia

to marketing and unrivaled market knowledge attracted a significant pool of qualified investors, resulting in optimal terms for the seller. Robert Olender advised, “The trans - action highlights that despite recent headwinds in capital markets, there continues to be a robust demand for high- quality industrial properties, leased to tenants with strong financials.” Sean Durkin of Roddy, recently announced that it represented Habitat for Humanity of Bucks County in extending their lease of 26,389 s/f within the Lang - horne Square Shopping Cen - ter located on E. Lincoln Highway, Levittown, Bucks County. Habitat for Humanity of Bucks’ mission is to build af - fordable homes, better lives, stronger families, and saf - er revitalized communities through partnerships with people and organizations throughout Bucks County. Habitat for Humanity of Bucks County has an open- door policy: All who believe that everyone needs a decent, affordable place to live are welcome to help with the work and they accept volun - teers and supporters from all backgrounds who are willing to serve people in need of decent housing. The organi - zation plans to use the space for a Habitat for Humanity ReStore, providing for the sale and display of construc - tion materials, furniture, and household furnishings to the local community. Revenue from Habitat ReStore pro - vides a source of sustainable funding for the construction and repair of homes through - out the county. The Habitat Bucks Home - ownership Program provides an opportunity for low-in - come families to increase their independence and eco - nomic well-being through home ownership and educa - tional opportunities. MAREJ

PHILADELPHIA, PA — Roddy Inc, the Bensalem, PA industrial and commercial real estate brokerage firm, announced the renewal and expansion of a lease at 2191 Hornig Rd., Philadelphia, PA. Robert Olender of Roddy Inc. negotiated the lease to Dai - kin Comfort Technologies Dis - tribution Inc on behalf of BAN RBC III LLC, an entity related to Northbridge Partners. Robert Olender advised “Daikin and their predeces - sor Goodman Manufacturing has occupied the building since 2007. Initially occupy - ing 26,000 s/f at the property, the company has expanded its operations at the prime North - east Philadelphia location and now occupies the entire 52,400 square foot facility.” In Bensalem, Roddy Inc., completed an investment sale covering a 66,613 s/f manufac - turing facility located at 1726 Woodhaven Dr., Woodhaven Industrial Park, Bensalem. Roddy Inc. represented Blackwood Creek, LLC in the sale to Keynet Equities. Keynet, a private real estate investment firm, was look - ing to expand its industrial portfolio in PA after recently acquiring similar properties in NJ. Keynet acquired the property subject to a term lease with National Towelette, a prominent manufacturer of wet wipes. The purchase rep - resents a strategic addition to Keynet’s industrial portfolio. The modern one-story facility features heavy-duty electrical service and is fully heated and sprinklered. The building’s 30,000 s/f production floor is 100% air-conditioned. Strate - gically located in Lower Bucks County, just north of the Phila - delphia city line, the property enjoys excellent access to the regional highway system and is within walking distance to light rail and bus stations. Roddy Inc. served as the broker in the transaction, with Olender leading the effort. Roddy’s methodical approach

Sarah Finney Miller

lease for a 5,663 s/f first floor suite, bringing essential fam - ily dental care services to the community. They anticipate welcoming patients to their new space starting in August 2025. A second tenant, Homewatch CareGivers of Lehigh Valley, fo - cused on providing quality and personalized in-home health care services, has also commit - ted to a 936 s/f suite, further en - hancing the building’s diverse and growing roster of medical and wellness providers. They join other long-term tenants including, Mid-Atlantic Reti - na, Northeast Rehab, Lehigh

Bethlehem Medical Arts Center

Valley Chiropractic, and others. These new tenants reflect the continued demand for high-quality medical office space in a well-located, profes - sionally managed setting. The building offers modern ameni - ties, ample parking, and con - venient access to Rte. 512 and 22. It’s an ideal location for all patient-focused practices. With this momentum, just two suites remain available on the first floor. These spaces are well-suited for a range of medi - cal professional users seeking He advises banks and credi - tors in loan recovery matters, including foreclosures, re - possessions, levies, garnish - ments, municipal claims, and commercial litigation. Landis also counsels clients on the attachment, perfection, and enforcement of security inter - ests, and represents landlords in evictions and rent collection actions. In the bankruptcy arena, he is a trusted advocate for creditors in matters involv - ing cash collateral, relief from stay, preference actions, and claim disputes. Landis previ - ously led the group from 2009 to 2015. “Scott’s depth of knowledge in both the transactional and enforcement sides of finance makes him an exceptional fit to lead this group,” said Dan Desmond , partner and chair of the firm’s Business Practice Group. “He combines sharp legal insight with a clear un - derstanding of how to advance our clients’ financial goals.” In his role as chair, Landis will lead the group’s efforts to provide integrated, responsive, and business-focused legal so - lutions to lenders and commer -

visibility, convenience, and a professional atmosphere among fellow providers. “Healthcare providers are increasingly seeking thought - fully designed, modern spac - es, that support both patient care and efficient operations,” said Sarah Finney Miller , senior vice president at NAI Summit. “We’re excited to welcome the two new tenants and look forward to seeing the building continue to grow as a trusted destination for care in the region.” MAREJ cial entities across the region. In other news, Barley Snyder has hired three law students to participate in its 2025 Sum - mer Associate Program. The eight-week immersive program is designed to give aspiring attorneys practical, hands-on legal training in a dynamic law firm environment. Participants in the program: Michael D. James is a second-year law student at Drexel University Thomas R. Kline School of Law. The Dous - man, Wisconsin native holds a Master of Legal Studies from Northern Kentucky University Salmon P. Chase College of Law and earned his under - graduate degree from Western Governors University. Nathan J. Rush is a second- year law student at Washington and Lee University School of Law. The Wheeling, West Vir - ginia native received his under - graduate degree from Washing - ton & Jefferson College. Michael P. Votano is a second-year law student at Penn State Dickinson Law. The Lancaster, Pennsylvania native received his under - graduate degree from Penn State University. MAREJ

Barley Snyder names Scott F. Landis chair of Finance & Creditors’ Rights Practice Group and bankruptcy law.

LANCASTER, PA — Bar ley Snyder announced that part - ner Scott F. Landis has been

named chair of the firm’s Finance & Creditors’ Rights Prac - tice Group, which pro - vides compre - hensive legal services to

Scott F. Landis

financial institutions, lenders, and commercial clients across the full life cycle of financial transactions – from origination and structuring to enforcement and recovery. The group advises clients on the negotiation, documentation, and collateralization of loan transactions, and provides stra - tegic counsel on collection, fore - closure, bankruptcy and other creditors’ rights matters. With a deep bench of experienced attorneys, the team represents clients in high-stakes finan - cial disputes and guides them through complex regulatory and commercial landscapes. Landis brings a wealth of experience to this leadership role, having devoted much of his career to creditors’ rights

Made with FlippingBook - Online magazine maker