Roddy Inc. Sells 101 Canal Road, Penn Warner Industrial Park, Falls Township, PA

Roddy Inc. has sold 101 Canal Road, Penn Warner Industrial Park, Falls Township, Bucks County, PA for the third time in the last five years. The 8.0 acre site on which is located a modern story building of 55,902 square feet was sold on behalf of Victor G. Warren to Amerco Real Estate Company, Inc. for $2,200,000.00. The one story building is heated and sprinklered throughout, offers 30'5” sloping to 27'6” clear ceiling heights, four tailgate and sixteen drive-in doors and adequate land for outside storage and future expansion. Amerco Real Estate Company, Inc. is the real estate holding entity of U-Haul International. The property will be occupied by Falls Manufacturing, which is a U-Haul company. Falls Manufacturing occupy the property directly next door, which consists of 15 acres on which is a one story building of 79,860 square feet. Francis T. Roddy, President of Roddy Inc. advised that the property was sold within two weeks of learning of its availability, which is a further demonstration that the industrial real estate market continues to be strong notwithstanding the concern being exercised by many with the state of the economy.

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.