Giles & Ransome Renew Lease at 220 Rittenhouse Circle
Roddy Inc., the Bensalem based Industrial and Commercial Real Estate Brokerage Firm, recently announced that Giles & Ransome Inc. have renewed their lease for a term of years at 200 Rittenhouse Circle in the Keystone Park, Bristol Township, Bucks County, PA. The term lease covering the modern one-story building of 32,120 square feet calls for an aggregate rental of approximately $500,000.
Giles & Ransome utilize the facility for the sale, service, parts and rental of material handling equipment. Giles & Ransome was founded in 1916 as a distributor of concrete and masonry equipment throughout the Delaware Valley. In 1931 Giles & Ransome became one of the world's first equipment dealers for the Caterpillar Tractor Company. The Company continues under the third generation leadership of the Ransome family. Giles & Ransome is a full line Caterpillar dealer representing construction equipment, engines, lift trucks, compact construction equipment and rental service product offerings. It primarily services the territory of Eastern Pennsylvania, Southern New Jersey and Northern Delaware operating out of 15 convenient locations and employing approximately 675 people.
The Rittenhouse Circle property is owned by Whitesell Construction Company, Inc., which is headquartered in Delran, New Jersey and was founded in 1957 as a construction company and grew into a full service real estate development organization specializing in industrial, office and retail space. The Company has built in excess of 15,000,000 square feet throughout the Delaware Valley.
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.