COMPANIES ON THE MOVE

County Line Commerce Center (CLCC) Announces First Tenant

County Line Commerce Center (CLCC) is excited to announce that they have their first tenant, Procensis. Procensis signed a lease for 3,142 square foot of office space at 101-163 County Line Road, Warminster, PA.

The landlord is CLCC Balacor, LLC. For more information and a virtual before/after tour of the third floor go to, http://www.clccwarminster.com.

Aerial 720ELincolnHighway2

NAI Mertz Closes $800,000 Land Parcel Sale for Repeat Client in Langhorne, PA

NAI Mertz, a leading full-service commercial real estate firm conducting business throughout the United States, and globally, from its regional offices in New Jersey, greater Philadelphia and northeastern Pennsylvania, announced the recent sale of 720 E. Lincoln Highway in Langhorne, Pennsylvania. The sale was inked by NAI Mertz vice presidents Zena Charokopos and Rick Gordon who represented the seller and a repeat client, Lukoil. The buyer, Toyota, will utilize this new acquisition as an expansion of its current neighboring property. The sale price was $800,000.

“We are pleased to have once again represented Lukoil in meeting its business and real estate goals. Lincoln Highway is a highly-trafficked roadway with access to Bucks County’s excellent highway infrastructure and numerous national retailers, as well as Oxford Valley Mall, one of the most popular malls in the region,” stated Charokopos. “This former Lukoil site is the perfect location for Toyota, coupling with its existing neighboring property. We look forward to seeing the expansion of the property, and we additionally are pleased to bring new business and rateables to Langhorne,” added Gordon.

Formerly occupied by Lukoil, this site is a nearly one-acre land parcel offering 340 feet of highway frontage and highly sought-after left turn access. This prime location on Business Route 1 features immediate access to I-95, and is in close proximity to several popular attractions including Oxford Valley Mall, Sesame Place and several auto dealerships.


About NAI Mertz

Founded in 1980, NAI Mertz is a leading full-service commercial real estate firm conducting business throughout the United States, and globally, from its regional offices in New Jersey, greater Philadelphia and northeastern Pennsylvania. The company provides expert services in brokerage, leasing, sales, investments, property management, site selection and construction management in the industrial, office and retail sectors.NAI Mertz’s clients include Fortune 500 companies, financial institutions, private investors, large public corporations and small businesses. Its partnership with NAI Global, a top 5 commercial real estate brand, enables the firm to provide large-scale global real estate services. NAI Mertz has been recognized as Office of the Year for NAI Global selected from a pool of 400 NAI offices.NAI Global comprises more than 7,000 commercial real estate professionals and manages over 425 million square feet of space.

For more information on NAI Mertz, visit its web site at www.naimertz.com, or 800.520.7139.


Bucks County Lease Activity February - March 2019

Information provided by NAI Mertz, Newmark Knight Frank

Bensalem
Office
Grand Total

Feasterville
Office
Grand Total


Warminster
Office
Grand Total

Sq. Ft.
1,200
1,200

Sq. Ft.
3,700
3,700


Sq. Ft.
3,412
3,412