Roddy Inc. Sells 1500-1550-1580 Melrose Highway, Pennsauken Industrial Park, Pennsauken, NJ

Roddy Inc., the Bensalem based industrial and commercial real estate brokerage firm representing Lionel M. Flickstein, sold the 126,938 square foot building located on 5.06 acres at 1500-1550-1580 Melrose Highway, Pennsauken Industrial Park, Pennsauken, New Jersey to CJBB, LLC an entity affiliated with Charles J. Becker & Bro., Inc. for $4,100,000. The 126,938 square foot building on 5.06 acres has rail accessibility and is heated, and sprinklered throughout. The building offers ceiling heights ranging from 18 sloping to 176, tailgate and drive-in loading, parking for approximately sixty-five (65) automobiles and 2,524 square feet of offices. The property is strategically located off Route 130 at the foot of the Betsy Ross Bridge and offers easy access to Route 73, Route 70, Route 38, Interstate 295, Interstate 95 and the Ben Franklin Bridge. Charles J. Becker & Bro., Inc. is a distributor of numerous school supplies from art supplies, furniture, classroom accents and everything in between. The company will be relocating from Northeast Philadelphia. The company has been in business over seventy-five (75) years and it was a decade ago that the company decided to serve the public by adding parent/teacher retail stores.

Frank Roddy, president of Roddy Inc. who was the broker handling the transaction, advised that this is the fourth of five properties to be sold that Roddy is marketing for Lionel M. Flickstein. Roddy advised that the remaining property consists of one industrial building lot located in the Veterans Industrial Park in Pennsauken offering 1.9 acres that is under Agreement pending Closing.