Roddy Inc. Represents Seller of 2030 E. Byberry Road Deal
Roddy Inc., the Bensalem based Industrial and Commercial real estate brokerage firm, represented Mary Louise Burgoyne, Trustee, in the sale of 2030 E. Byberry Road, Philadelphia, PA to 2030 E. Byberry Road, LLC for $2,200,000.00.
The property consists of 4.84 acres on which is located a modern one-story building of 74,535 square feet. The building is heated and sprinklered throughout, offers 16'10” clear ceiling heights, extensive tailgate and drive-in loading, heavy duty electric service, and 5,370 square feet of modern offices.
John Y. Lee, principal of 2030 E. Byberry Road, LLC, advised that he has leased the property to his operating company, JAKO Enterprises, LTD, for a long term of years. Lee further advised that he has engaged Roddy Inc. to exclusively represent JAKO Enterprises, LTD in subleasing 36,000 square feet of the modern facility.
JAKO Enterprises, Ltd. operates a rapidly growing retail chain of stores called Ubiq in and around Philadelphia, its latest store just opened on Walnut Street in Center City. Ubiq incorporates cutting edge store space design with exclusive clothing and footwear labels to present a new, fashion-forward shopping experience. The purchase of the warehouse on Byberry Road was a significant move forward for this retail company on the rise in the Greater Philadelphia area.
Lee commented that he chose this property due to its superb quality and superior location offering immediate access to US Route 1 (Roosevelt Boulevard) and immediate access to Woodhaven Road (Route 63) which connects with Interstate 95. Further, he stated that the Pennsylvania Turnpike (Exit 28) is just two miles north via US Route 1.
Frank Roddy, president of Roddy Inc., advised that the available 36,000 square feet will offer perspective tenants good, clean space with superior loading at a most competitive price.
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.