BCEDC Member Frank Roddy Assisted Pan-X Services, LLC with Building Purchase
Roddy Inc., the Bensalem based industrial and commercial real estate brokerage firm, announced that it represented PAN-X Services LLC, an entity related to Panadyne, Inc., in the acquisition of 440 Stump Road, Montgomeryville Industrial Center, Montgomeryville, Montgomery County, PA, which was purchased for $1,325,000.
The modern 22,000 sq. ft. one-story industrial flex facility is fully heated, offers tailgate and drive-in loading, ceiling heights of 17’0” sloping to 16’6” clear under bar joist, three-phase heavy electric service, and approximately. 1,500 sq. ft. of air-conditioned offices.
Frank Roddy of Roddy Inc. advised that Panadyne, Inc. will occupy approximately 50% of the building and have appointed Roddy Inc. Exclusive Agents to market the remaining space for lease.
Strategically situated on 2 acres at the intersection of Stump Road and Enterprise Drive, the property provides convenient access to PA 202, Bethlehem Pike (PA 309), Easton Road (PA 611), the Pennsylvania Turnpike Northeast Extension (I-476), Interstate 95, and bridges to New Jersey.
Panadyne, Inc. is a processor and distributor of specialty raw materials for advanced technical ceramics and surface finishing technologies used in a wide range of industries.
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 www.roddyinc.com.
For further details, contact Francis T. Roddy at (215) 245-2600.