Colliers’ Jim Scott Facilitates 4th Bucks County Industrial Deal of 2020

2525 State Road_1536x1040Hero

40,400 SF Warehouse at 2525 State Road, Bensalem, PA

September 4, 2020 [Bensalem, PA] Colliers is pleased to announce the recent lease of 2525 State Rd, an approximate 40,400-square-foot warehouse of the Bucks County industrial market. Jim Scott represented the Landlord in the lease of 2525 State Road to New Castle Building Supply. This property will accommodate the Tenant’s expansion and relocation from an existing facility, also within Bensalem Township.

The facility is strategically located just off the Street Road exit of I-95, allowing easy access to points north and south, as well as great proximity to the PA Turnpike for east/west access. The property boasts six (6) tailgate loading doors and lofty 22’+ ceiling heights. The wide (65’) column spacing and oversized drive-in door access to the 120 car parking lot was especially attractive for the Tenant’s operations with bulk materials.

Along with three (3) recently completed deals in Levittown, this marks the fourth transaction Jim Scott has closed in Lower Bucks since the onset of COVID-19, totaling over 114,000 SF – indicative of the still robust Bucks County industrial market.

 For further information, contact
Jim Scott, Senior Managing Director | +1 215 932 1157 |
jim.scott@colliers.com


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About Colliers International
Colliers International (NASDAQ, TSX: CIGI) is a leading real estate professional services and investment management company. With operations in 68 countries, our more than 15,000 enterprising professionals work collaboratively to provide

expert advice to maximize the value of property for real estate occupiers, owners and investors. For more than 25 years, our experienced leadership, owning approximately 40% of our equity, has delivered compound annual investment returns of almost 20% for shareholders. In 2019, corporate revenues were more than $3.0 billion ($3.5 billion including affiliates), with $33 billion of assets under management in our investment management segment. Learn more about how we accelerate success at corporate.colliers.com, Twitter @Colliers or LinkedIn.

 

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Jim Scott

Senior Managing Director

Mount Laurel

Jim specializes in the leasing, sales and acquisition of commercial and industrial properties. Additionally, Jim's clients utilize his experience and expertise to consult on non-transactional projects, including advanced financial analysis, portfolio management, and long-term strategic planning to maximize the value of real estate assets.

 

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