Robert Olender of Roddy Inc. Leases 633 Dunksferry Road in Bensalem, PA

Roddy Inc., the Bensalem based industrial and commercial real estate brokerage firm represented Explorers and Jems, LLC in leasing 32,500 square of manufacturing and warehouse space to Total Plastics Resources, LLC.  

Robert Olender of Roddy Inc. advised Explorers and Gems, LLC purchased the property in August 2016 and will lease the balance of the 101,747 square foot facility to a related entity. Total Plastics, a Michigan-based distributor of plastic sheet, rod, tube, film and tape will be relocating from a facility in Northeast Philadelphia to accommodate future growth and improve efficiency. 

The aggregate rental value of the long term lease is in excess of $1,900,000.  Explorers and Gems, LLC was represented by Robert Olender of Roddy Inc. and Michael Borski, Sr. of The Flynn Company represented Total Plastics Resources, LLC in the transaction.