Roddy Inc., the Bensalem based industrial and commercial real estate brokerage firm represented Rhoads Industries, Inc. in the sale of their 84,132 sq. ft. building plus 8,403 sq. ft. satellite building situated on approximately 7.0 acres located at 2375-79 Philmont Avenue, Huntingdon Valley, Lower Moreland Township, Montgomery County, PA.
The property was sold to Premier A-2 Huntingdon Valley PA LLC, who plans to develop the property as an ExtraSpace Storage location. ExtraSpace Storage is the second largest operator of self-storage facilities in the U.S. and owns or operates over 1,400 stores in 38 states. The property is an excellent fit for Premier due to its high ceiling heights and excellent visibility, as well as the low supply of existing self-storage units in the area.