Roddy Inc. Sells 831 W. 5th Street, Lansdale Borough, Montgomery County, PA

Roddy Inc., the Bensalem, PA based industrial and commercial real estate brokerage firm representing 5th & Iron Streets Inc, sold their 114,406 square foot building located at 831 W. 5th Street, Lansdale Borough, Montgomery County, PA. The facility was purchased by Recycling Equipment Corporation for $1,450,000.00.

The 114,406 square foot crane served building is situated on 6.44 acres and features nine (9) drive-in doors, ceiling heights ranging from 33' to 18'7” clear and features excellent parking and outside storage capacity.

Robert Olender of Roddy Inc. advised that Recycling Equipment Corporation purchased the facility to accommodate the company's continued growth. Recycling Equipment Corporation designs, provides, and installs baling, trim handling and waste handling systems and have the largest inventory of reconditioned horizontal balers in North America. They have designed, provided, and installed several hundred scrap handling systems for printing, corrugated box and converting companies.

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.