IMA Group Renews Lease at 211 Sinclair Street in Keystone Park

Roddy Inc., the Bensalem based Industrial and Commercial Real Estate Brokerage Firm, recently announced that IMA North America Inc., a subsidiary of The IMA Group, have renewed their lease for a term of years at 211 Sinclair Street in the Keystone Park, Bristol Township, Bucks County, PA. The term lease covering a 40,600 square foot portion of the modern one-story building calls for an aggregate rental of approximately $2,893,400.00.

For more than forty (40) years, IMA North America Inc., has been a worldwide leader in the manufacture of pharmaceutical processing and packaging equipment. IMA offers a wide range of machines dedicated to the pharmaceutical, nutraceutical, cosmetic, tea and coffee industries, as well as a full range of capsule fillers, tablet presses, coaters, checkweighers, and fluid bed dryers. IMA is made up of eight divisions with branches located in the United States, United Kingdom, Germany, France, Spain, Central and Eastern Europe, China, India and Japan.

The Sinclair Street property, owned by Keystone II Associates, L.P., an entity of Pitcarin Properties, is headquartered in Jenkintown, Pennsylvania.

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