Eckerd Corp. Renews Lease at 2151 Cabot Blvd
Francis T. Roddy, President of Roddy Inc., the Bensalem, Pennsylvania based Industrial and Commercial real estate brokerage firm announced Eckerd Corporation, the wholly owned drug store chain subsidiary of J.C. Penney, Inc., renewed its lease at 2151 Cabot Boulevard in the Bucks County Business Park, Langhorne, Bucks County, PA for an additional term. The property consists of a modern one (1) story building of 115,000 square feet on 7.8 acres. The lease calls for an annual rental of approximately $459,040.00. The facility is owned by the New York Stock Exchange real estate investment trust, Liberty Property Trust. Eckerd Corporation will continue to utilize the facility as a bulk/break distribution center in conjunction with its other facilities in Bucks County located at 8 Queen Anne Court, Bucks County Business Park, Langhorne, PA and 1101 New Ford Mill Road, USX Industrial Park, Falls Township, PA .
Headquartered in Bensalem Township, Bucks County, PA, 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 www.roddyinc.com.
For further details, contact Frank Roddy at (215) 245-2600 or FAX (215) 245-2670.