Roddy Inc., the Bensalem, PA industrial and commercial real estate brokerage firm, recently announced that Kraus USA recently leased approx. 71,200 sq. ft. of the approx. 127,000 sq. ft. modern one (1) story multi-tenant industrial facility situated on approx. 9.8 acres located at 300 Highland Drive, Highland Business Park, Westampton, Burlington County, NJ.
The Westampton facility, together with Kraus’s existing 85,000 sq. ft. Delran facility, which Roddy also leased to them in 2017, increases the company’s presence within Burlington County to more than 156,000 sq. ft.
The additional facility offers Kraus 24’+ clear ceiling heights, eight (8) tailgate docks, one (1) drive-in door, 40’x 40’ column spacing, T-5 lighting, approx. 3,500 sq. ft. of air-conditioned office space, ample parking, and is heated and sprinklered throughout.
Superbly located in the Highland Business Park near the Mount Holly/Willingboro Interchange of I-295, the facility is surrounded by an excellent highway network, including I-295, the New Jersey Turnpike, and bridges to Pennsylvania.
Frank Roddy, President of Roddy Inc. who represented Kraus in the leasing of its Westampton facility as well as its Delran facility, advised that the long-term lease calls for an aggregate rental of approx. $4,225,000. Dave Ricci of The Flynn Company represented the Brandywine Industrial, LLC in the Westampton lease.
About Kraus USA
Headquartered in New York, Kraus USA, a division of Masco Corporation and one of the largest U.S. manufacturers of residential and commercial faucets, has been transforming the kitchen and bathroom industry for over a decade with a long history of manufacturing exceptional sinks, faucets, and accessories for the modern kitchen and bathroom. With an emphasis on creative design, the company strives to create fixtures that inspire and empower the people who use them. Kraus sources the best-in-class materials from around the globe and focuses heavily on optimizing production in order to provide consumers with high-end quality at competitive prices.