22B — October 16 - 29, 2020 — Pennsylvania — M id A tlantic Real Estate Journal


P ennsylvania

Scott, Jr. of Colliers International represents landlord in the transaction Roddy Inc. brokers 40,400 s/f lease in Bensalem, Bucks County, PA

lease calls for an aggregate rental in excess of $1 million. Strategically situated be- tween the Street Rd. andWood- haven Rd. interchanges of I-95, the property offers convenient access to the Pennsylvania Tpke. as well as Rte. 1 and the Betsy Ross Bridge and Tacony– Palmyra Bridge to New Jersey. The property is just twenty minutes from Metropolitan Philadelphia, thirty minutes from Trenton, NJ and ninety minutes from New York. New Castle Building Prod- ucts is a supply chain dis- tributor of building materials in the U.S. Mid-Atlantic and Northeast. Established in, New Castle have over 20 branch dis- tribution locations in operation with a fleet of over 120 delivery vehicles and more than 325 full-time employees. Jim Scott, Jr. of Colliers International represented the landlord in the transac- tion. MAREJ PHILADELPHIA, PA — Newmark Knight Frank (NKF) announced the addi- Lange, Jr. joins NKF’s Phila. office the sale and leasing of office and industrial properties. He has deep experience represent- ing top tenants and institu- tions in Center City Philadel- phia and surrounding suburbs. “Chris possesses the abil- ity to successfully cultivate business relationships at the highest level. He is a true entrepreneur who will fit into NKF’s culture seamlessly,” said Steve Cousart , execu- tive vice president and manag- ing director of NKF’s Greater Philadelphia region. Over the course of his ca- reer, Lange has worked with some of Philadelphia’s largest companies in the financial, healthcare, law, development and education sectors. One of Lange’s recent transactions, a built-to-suit headquarters, was honored as one of the Best Real Estate Deals of the Year by the Philadelphia Business Journal . MAREJ tion of Chris Lange, Jr. to the firm’s Philadelphia office. Join- i n g a s a n e x e c u t i v e managing di- rector, Lange specializes in Chris Lange, Jr.

ENSALEM, PA — Roddy Inc. has rep- resented New Castle Building Products in leasing a one-story building of 40,400 s/f situated on 2.3 acres located at 2525 State Rd., Bensalem. The mode rn one - s t o ry masonry and steel building is heated and sprinklered throughout and offers clear ceiling heights of 22’6”, 6 tail- gate docks, a drive-in door, 65’ x 20’ column spacing, ap- proximately 23,500 s/f of office space, and parking for 120 cars. Roddy advised that the term

2525 State Rd

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