Roddy Inc., the Bensalem based industrial and commercial real estate brokerage firm representing V-7 Group LLC, sold their modern one (1) story building of 15,750 square feet situated on 2.07 acres at 2525 Pearl Buck Road, Bristol Township, Bucks County, PA to Asta Holding LLP for $1,250,000.
The 15,750 square foot building offers 11,747 square feet of air-conditioned office and lab area, tailgate loading, and parking for approximately forty-five (45) automobiles. The property is strategically located at the intersection of I-95 and PA Route 413, within three (3) miles of the Bristol interchange (Exit 358) of the Pennsylvania Turnpike (I-276). Just twenty (20) minutes from metropolitan Philadelphia, fifteen (15) minutes to Trenton, NJ, and ninety (90) minutes to New York City.
Astatech Inc., an entity related to Asta Holding LLP, will occupy the facility. The company provides worldwide pharmaceutical, biotech, agrochemical and specialty chemical communities with innovative products and services.
Robert Olender of Roddy Inc. who represented V-7 Group LLC in the transaction, advised Astatech, Inc. will relocate their corporate headquarters facility from Monmouth County, New Jersey, and was able to capitalize on the availability of low cost state financing through the PIDA (Pennsylvania Industrial Development Authority) program.
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 Robert J. Olender at (215) 245-2600 or FAX (215) 245-2670.