New Castle Building Products Leases 40,400 Sq. Ft. in Bensalem, Bucks County, PA
Roddy Inc., the Bensalem, PA industrial and commercial real estate brokerage firm, announced that it represented New Castle Building Products in leasing a one-story building of approx. 40,400 sq. ft. situated on 2.3 acres located at 2525 State Road, Bensalem, Bucks County, PA.
The modern one-story masonry and steel building is heated and sprinklered throughout and offers clear ceiling heights of 22’6”, 6 tailgate docks, a drive-in door, 65’ x 20’ column spacing, approximately 23,500 sq. ft. of office space, and parking for approximately 120 cars.
Roddy advised that the term lease calls for an aggregate rental in excess of $1 million.
Strategically situated between the Street Road and Woodhaven Road interchanges of I-95, the property offers convenient access to the Pennsylvania Turnpike (Exit 351/Bensalem) as well as Route 1 and the Betsy Ross Bridge and Tacony–Palmyra Bridge to New Jersey. The property is just twenty (20) minutes from Metropolitan Philadelphia, thirty (30) minutes from Trenton, NJ and ninety (90) minutes from New York.
New Castle Building Products is a supply chain distributor of building materials in the U.S. Mid-Atlantic and Northeast. Established in 2002, New Castle have over 20 branch distribution 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 transaction.
Headquartered in Bensalem Township, Bucks County, PA, Roddy Inc. is a marketer, manager, and developer of industrial and commercial real estate throughout Eastern PA and Southern NJ. Their clients include regional, national and international companies and financial institutions.