Roddy Inc., the Bensalem based industrial and commercial real estate brokerage firm represented 3369 Progress Drive Associates, LLC in the sale of their 60,500 square foot one (1) story building situated on 4.47 acres located at 3369 Progress Drive, Expressway 95 Industrial Park, Bensalem Township, Bucks County, PA to Sigmapharm Laboratories, LLC.
Robert Olender of Roddy Inc., who brokered the transaction, advised the purchaser, SigmaPharm Laboratories, LLC, has occupied the facility as a tenant since 2006. Sigmapharm Laboratories is a pharmaceutical company which is engaged in the development, manufacturing and marketing of unique generic and branded products.
Their involvement in the development and manufacturing of new chemical entities has made them one of the most innovative groups of scientists and inventors in the industry. The company leads the industry with control of over seventy (70) formulation patents worldwide.