Roddy Inc. Sells 510 Station Avenue on Behalf of The Di'Egidio Builders
Roddy Inc., the Bensalem based Industrial and Commercial real estate brokerage firm, represented Joseph Di'Egidio, Sr. of The Di'Egidio Builders, Inc. as Exclusive Agents in the sale of a one (1) story industrial building located at 510 Station Avenue, Woodhaven Industrial Park, Bensalem, Bucks County, PA to 510 Station L.P. an entity affiliated with Endurance Real Estate Group, LLC for $2,755,000. The 85,602 square foot one story building located on 4 acres is heated and sprinklered throughout, offers 17'-19'5” clear ceiling heights, extensive tailgate and drive-in loading, and air-conditioned offices.
Ben Cohen and Bill White of Endurance Real Estate Group, LLC advised that this is the company's second property acquisition within the last 90 days. They bought the property under and subject to a term lease with Spirit Delivery & Distribution Services, Inc. a lease negotiated by Roddy Inc. on behalf of the former owner.
Endurance Real Estate Group, LLC was formed a year ago and is headquartered in Bala Cynwyd, PA. Endurance focuses its acquisition efforts on office and industrial properties in the Philadelphia MSA. To date, Endurance has acquired properties in partnership with high net worth individuals and institutional investors, including Fortis Insurance Company (a former employer of both White and Cohen). For more information about Endurance, visit www.endurance-re.com.
Frank Roddy, President of Roddy Inc. advised that this is the second time that he has sold this property in the last three (3) years.
Headquartered in Bensalem Township, Bucks County, Pennsylvania, Roddy Inc. is a marketer, manager and developer of industrial and commercial real estate throughout eastern Pennsylvania and southern New Jersey. Their clients include regional, national and international companies and financial institutions. For more information about the company, visit the corporate website http://www.roddyinc.com
For further details, contact Frank Roddy at (215) 245-2600 or FAX (215) 245-2670.