Roddy Inc., the Bensalem, PA industrial and commercial real estate brokerage firm, announced that it represented UPS Supply Chain Solutions, Inc. (“UPS”) in leasing an 85,480 square foot portion of Building K which consists of 365,760 square feet at LogistiCenter@Logan, Logan Township, New Jersey. LogistiCenter@Logan is a 550 acre development of the Las Vegas based DP Partners who were represented in the transaction by CB Richard Ellis. The building will offer UPS Supply Chain Solutions a state-of-the-art facility providing 32' clear ceiling heights, an ESFR sprinkler system, 15 tailgate loading docks, 3,729 square feet of offices as well as parking for 106 automobiles and 23 trailers.
The property is superbly located at Exit 10 of Interstate 295 and offers easy access to the New Jersey Turnpike, Commodore Barry Bridge, Interstate 95, Route 130 and PA Route 476 (The Blue Route).
Frank Roddy, President of Roddy Inc. who represented UPS advised that the long-term lease calls for an aggregate rental of approximately $2,000,000.00.
UPS Supply Chain Solutions, Inc. are the innovators of flat mail expediting. This service provides high volume mailers with a superior product and aids in obtaining first-class transit times at reduced rates from 15-25% off First-Class postage rates.
DP Partners is a privately held company, with a rich history of success for over 47 years as one of the most agile and responsive private commercial developers in the nation who locate and develop prime industrial properties across the nation, and then forward the financial and logistical benefits on to their clients.
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.