Roddy Inc., the Bensalem, PA industrial and commercial real estate brokerage firm announced that it represented Dynamic Metals in the leasing of an approx. 135,000 sq. ft. portion of the 230,000 sq. ft. dual-tenant facility located on 13.75 acres at 20 Steel Road South, New Ford Mill Road Industrial Park, Morrisville, Bucks County, PA.
The facility is presently divided into two (2) units—one of approx. 135,000 sq. ft., which will be occupied by Dynamic Metals, Inc., and one of approx. 95,000 sq. ft., which is occupied by PennFab, Inc. The facility offers eleven (11) remote operated cranes ranging in capacity from 10-30 tons, three (3) covered tailgate loading docks, ten (10) drive-in doors providing three (3) drive-thru bays front to rear, 46’0” sloping to 39’0” clear height under steel purlins, a rail spur running 360’ through the building from front to rear serviced by CSX and Norfolk Southern, 34.5 KV/2500 KVA primary electric service and approx. 14,835 sq. ft. of offices. The property is located within two (2) miles of the deep water port facility located within Keystone Industrial Port Complex.
Strategically situated in New Ford Mill Rd Industrial Park, the property provides access to Route 13, Route 1, I-95, I-295, the PA Turnpike (I-276) and the NJ Turnpike (I-95) as well as bridges to New Jersey.
Frank Roddy, President of Roddy Inc. who represented Dynamic Metals, advised that the long-term lease calls for an aggregate rental of approx. $8 million.
About Dynamic Metals, Inc.
Dynamic Metals Inc. is in the business of fabricating galvanized steel tube and pipe and the slitting and sheeting of steel and aluminum coils.
About PennFab Inc.
PennFab, Inc. is an AISC and AWS certified fabricator and a major supplier to the Railroad and Transportation Industries providing signal bridges, catenary structures, foundations, track material, signal supports, walkways, cable trays, wire ways, handrails, anti-fall equipment, safety railing, ballast retainers, bridge beams, tie bars, bridge bearings, girders and more. Other industries include, material handling, highway and bridges, heat treating, and furnaces, part washers, pollution control, flight and training simulators, water treatment, heat recovery and simulation chambers, stairs, mezzanines, equipment skids and numerous OEM organizations.