Service By Air negotiated a lease agreement for 14,671 square feet of flex space located at 514 Kaiser Drive in Folcroft, PA.
Service By Air, was the tenant, Barthco Associates was the owner, in this multi-year transaction. Aggregate rental of the lease was in excess of $334,000.
According to their website, “Service by Air is a freight shipping and logistic service company”. 514 Kaiser Drive is a single-story 32,000 square foot flex/warehouse building that is situated in the Folcroft West Business Park. The building contains five loading docks, one drive-in door, public water and sewer and is conveniently located within 4.8 miles from the Philadelphia International Airport, with easy access to Routes 420, 291 and 95.
http://www.omegare.com/
Tuesday, June 12, 2012
30 Acres Sell in Lehigh Valley
The disposition of 30 acres of land at 10 Emery Street, Bethlehem, PA (LVIP VII) was traded. The sale price of the transaction was $4,200,000.00.
The buyer was Liberty Property Trust, LP. “Liberty’s purchase of 30 acres is yet another example of their positive outlook on the Lehigh Valley market in general and the particular attractiveness of LVIP VII.”
http://www.omegare.com/
The buyer was Liberty Property Trust, LP. “Liberty’s purchase of 30 acres is yet another example of their positive outlook on the Lehigh Valley market in general and the particular attractiveness of LVIP VII.”
http://www.omegare.com/
Sunday, June 10, 2012
Thursday, June 7, 2012
Roadrunner To Open Terminals In Philly, Baltimore
Roadrunner Transportation Systems, Inc. opened two new less-than-truckload (LTL) outbound terminals serving the Northeast region of the U.S. A new terminal in Philadelphia will provide outbound service from southeastern Pennsylvania and southern New Jersey, and a new terminal in Baltimore will provide outbound service from the mid-Atlantic region, including the greater Richmond, VA area.
Both terminals opened June 4. The two new terminals expand Roadrunner’s footprint in the Northeast, building on the presence the company established a year ago with the opening of its first outbound terminal serving the New York metro area and New Jersey.
http://www.omegare.com/
Both terminals opened June 4. The two new terminals expand Roadrunner’s footprint in the Northeast, building on the presence the company established a year ago with the opening of its first outbound terminal serving the New York metro area and New Jersey.
http://www.omegare.com/
Le Crillon Apts Sell for $14.8M
Midwood Investments & Development acquired the Le Crillon Apartments, a Philadelphia multifamily property located at 105 S 18th Street. The five-story building was purchased for $14.81 million, or about $644,000 per unit.
Le Crillon Apartments consists of 7 ground-level retail units and 16 residential units. The property totals 41,757 square feet, with the retail space totaling 12,791 square feet. The property is conveniently located in Center City, one block from Rittenhouse Square.
http://www.omegare.com/
Le Crillon Apartments consists of 7 ground-level retail units and 16 residential units. The property totals 41,757 square feet, with the retail space totaling 12,791 square feet. The property is conveniently located in Center City, one block from Rittenhouse Square.
http://www.omegare.com/
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