Roddy Inc. Industrial & Commercial Realtors

Roddy Inc., the Bensalem based industrial and commercial real estate brokerage firm representing Lionel M. Flickstein, sold the 1.4 acres located at 1160 Thomas L. Busch Memorial Highway to Pistorio, LLC for $260,000.

The property is strategically located off Route 130 at the foot of the Betsy Ross Bridge and offers easy access to Route 73, Route 70, Route 38, Interstate 295, Interstate 95 and the Ben Franklin Bridge. Pistorio, LLC intends to build a 25,000-30,000 square foot flex space facility over the next two (2) years.

Frank Roddy, president of Roddy Inc. who was the broker handling the transaction advised that this is the second of five properties to be sold that Roddy is marketing for Lionel M. Flickstein. Roddy advised that the remaining properties consist of a 110,000 square foot industrial building at 1600 John Tipton Boulevard in Pennsauken, a 127,000 square foot industrial building located at 1500 Melrose Highway in Pennsauken and one industrial building lot located in the Veterans Industrial Park in Pennsauken offering 1.9 acres that is under Agreement pending Closing. Roddy advised that while activity is strong on the remaining properties, both properties remain available as of the date of this press release.

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 Francis T. Roddy at (215) 245-2600 or FAX (215) 245-2670.