SOURCE: Binswanger


June 14, 2012 11:20 ET

Binswanger Named Exclusive Agent for Two-Building Industrial Property in Morrisville, Pennsylvania

PHILADELPHIA, PA--(Marketwire - Jun 14, 2012) - Binswanger has been named exclusive agent by JMC Steel Group for the sale of a two building complex totaling 195,217 sq. ft. with acreage acres located at 600 Dean Sievers Place in Morrisville, Pennsylvania.

Building One totals 126,412 sq. ft. consisting of 120,364 sq. ft. of warehouse space and 6,048 sq. ft. of office space. The building contains four 10-ton cranes; one 25-ton crane; and six drive-in doors. The office space is in move-in condition with a large bullpen area, four private offices, conference room, server room, training room, and lunchroom.

Building Two totals 68,805 sq. ft. consisting of 63,967 sq. ft. of warehouse space and 4,838 sq. ft. of office space. The building contains two 25-ton cranes; two 35-ton crane; and four drive-in doors. The office space is in move-in condition with private offices, shop room, and mezzanine storage space.

Key features of the facilities include fluted concrete block with insulated steel sandwich panel walls; standing seam metal roof; columns spaced 28' x 88' and 30' x 88'; clear ceiling heights from 26' to 45'; T-8 fluorescent lighting; all utilities; and macadam paved parking.

Strategically located, the property provides access to Routes 13, Route 1, Interstate 95, Interstate 295, the Pennsylvania Turnpike, the New Jersey Turnpike, as well as the bridges to New Jersey.

Binswanger is aggressively marketing the site to a variety of manufacturing users including paper, asphalt paving/roofing/saturated materials, primary metal, forging & stamping, architectural/structural metals, spring & wire products, fabricated metals, industrial machinery, metalworking machinery, and engine/turbine/power transmission equipment; utilities; construction; wholesale trade; and transportation & warehousing prospects.

Headquartered in Philadelphia, PA, Binswanger is an international full-service real estate organization with offices worldwide throughout the United States, Canada, Latin America, Europe, the Middle East, and Asia.

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