Roddy Inc., the Bensalem-based industrial and commercial real estate brokerage firm, recently announced that Catalent Pharma Solutions, LLC have leased approx. 57,750 sq. ft. at 10360 Drummond Rd and renewed its lease on approx. 92,000 sq. ft. at 3031 Red Lion Rd in the Philadelphia Industrial Park, Philadelphia, PA. The term leases together with Catalent’s existing operations located at 3001 Red Lion Rd increases the company’s presence within the Philadelphia Industrial Park to more than 615,000 sq. ft. Frank Roddy of Roddy Inc. represented the ownership, Auroras Encore LLC, in Catalent’s leasing of its Drummond Rd facilities as well as its Red Lion Rd facilities. The long-term leases call for an aggregate rental in excess of $4,250,000. Catalent Pharma Solutions, LLC offers unparalleled expertise in a range of proprietary pharmaceutical and biotechnology packaging innovations for healthcare clients across all markets. Auroras Encore LLC, the owner of the properties and affiliate of Sant Properties, is a real estate investment/development firm, based in Huntingdon Valley, Pennsylvania, which specializes in developing under-utilized and vacant industrial and commercial properties. Sant Properties’ current portfolio of properties is in excess of 2,000,000 sq. ft.
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