Roddy Inc. Sells Former Kraft Foods Distribution Facility in Horsham, PA

Roddy Inc., the Bensalem, PA industrial and commercial real estate brokerage firm, announced that it brokered the sale of the 73,000 SF, former Kraft Foods distribution facility, a modern one (1) story masonry and steel building, situated on approx. 5.91 acres located at 201 Precision Drive, Horsham Ridge Industrial Park, Horsham, Montgomery County, PA to a private investment group for $3,250,000 on behalf of Childress Klein Properties. The site consists of 5.91 acres on which is located a modern one-story heated and sprinklered facility consisting of approx. 73,000 sq. ft. (expandable to approx. 102,834 sq. ft.). The building offers twenty-two (22) tailgate loading docks, ceiling heights of 17’8” sloping to 16’2” clear to underside of bar joist, 277/480 volt primary electric service and approx. 6,400 sq. ft. of modern air-conditioned offices. Frank Roddy of Roddy Inc. advised that that the real estate investment company which acquired the property will lease approx. 37,500 SF of the building to X-Gen Products and has appointed Roddy Inc. Exclusive Agents to market the remaining approx. 37,500 SF space for lease. Strategically located approx. three (3) miles from the Willow Grove Interchange (Exit 343) of the Pennsylvania Turnpike (I-276), the property provides convenient access to the Northeast Extension (I-476), Interstate 95, Easton Rd (PA 611), Bethlehem Pike (PA 309), US Route 1 and bridges to New Jersey.