Larson – Juhl US, LLC Leases 31,364 Square Feet at 1574 Bridgewater Road, Bridgewater Industrial Park, Bensalem, Bucks County, PA
Roddy Inc. the Bensalem based Industrial and Commercial Real Estate Brokerage firm represented MNOP, Inc. in leasing their 31,364 square foot building located at 1574 Bridgewater Road, Bridgewater Industrial Park, Bensalem, Bucks County, PA to Larson – Juhl US, LLC. The long-term lease calls for an aggregate rental in excess of $1,400,000.00.
Robert Olender of Roddy Inc. who represented MNOP in the transaction advised that the company purchased the building in February, 2008 and transformed the property into a class A asset through extensive renovations. MNOP's responsiveness, attention to detail and expertise in repositioning industrial properties aided in attracting the world class tenant to the property.
Mnop, Inc. is a real estate investment company that owns office and industrial property and residential land for development in Pennsylvania and New Jersey. Mnop, Inc. has transaction experience of more than 4.5 million square feet of industrial, commercial and residential space. Founded in 1995 and headquartered in Yardley, Pa., Mnop, Inc. develops and acquires investment properties with the mission to reuse and reposition the existing spaces for today's market.
Larson – Juhl US, LLC, a Berkshire Hathaway company, designs, manufactures and distributes fine custom frames of enduring style and superior craftsmanship. Larson-Juhl US, LLC, headquartered in Norcross, GA, has a history of making custom frames for over 100 years and has grown to 24 facilities across the United States and locations in 15 countries around the world.
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 Olender or Francis T. Roddy at (215) 245-2600 or FAX (215) 245-2670.