SOURCE: Binswanger

Binswanger

January 18, 2012 10:51 ET

Binswanger Named Exclusive Sales Agent by BASF Corporation for Office/Lab/Industrial Complex in Ambler, Pennsylvania

PHILADELPHIA, PA--(Marketwire - Jan 18, 2012) - Binswanger has been named exclusive agent by BASF Corporation to represent them on the sale of their 284,080± sq. ft. office/lab/industrial complex of 23 buildings on 26.02 acres located at 300 Brookside Avenue in Ambler (Lower Gwynedd Twp.), Pennsylvania.

The complex consists of 81,780± sq. ft. of lab space; 53,370± sq. ft. of office space; 139,670± sq. ft. of warehouse space; and 9,260± sq. ft. of support space. Formerly known as the Cognis site, key features include 42,080 sq. ft. of available office space; 44,100 sq. ft. of available 'Open Lab Concept' space in a single building which features a single pass air system, utilities running throughout, a waste/process water treatment system, compressed air and specialty gas systems; and approximately 400 surface parking spaces. A significant portion of the complex is under lease to multiple tenants providing substantial income to potential buyers.

The property is conveniently located within a desirable suburb of a major metropolitan conveniently close to the intersection of several highways including the Pennsylvania Turnpike, Route 476 (the Blue Route), Route 422, and I-76 (the Schyulkill Expressway). SEPTA rail and bus lines run throughout the township providing access throughout the region.

Binswanger is aggressively marketing the properties to investor/developers as well as a variety of manufacturing users including chemical, pharmaceutical & medical companies; administrative and support services; and education services.

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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