Roddy Inc. Represents Amquip Corp. in Acquisition at 2007 Industrial Drive
Roddy Inc., the Bensalem, PA based Industrial and Commercial Real Estate Brokerage Firm, represented Joseph L. and Marion M. Wesley, the principals of Amquip Corporation, in the acquisition of the former Consolidated Freightways Truck Terminal property located at 2007 Industrial Drive, Bethlehem, PA.
The 4.3 acre site is occupied by a 20,342 square foot truck terminal that had been occupied by Consolidated Freightways prior to its filing bankruptcy.
Frank Roddy, President of Roddy Inc., who represented the Wesley's, advised that the Wesley's paid $1,325,000.00 for the property in an all cash transaction.
Roddy further advised that this property together with Amquip's adjacent property, fronting on Route 22 and Schoenersville Road, brings the Wesley's holdings to approximately 10 acres at this location.
Roddy advised the Wesley's bought the property for investment purposes and will be exploring development opportunities for the property over the next few months and may consider leasing the property for the next year or two until their development plans are finalized.
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.