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By Pete Reinke, Ashley Development Corporation

Olender of Roddy sells 84,132 s/f building in Huntingdon Valley, Lower Moreland Twp.


Lower Moreland Twp., PA — Roddy Inc., the Bensalem based industrial and commercial real estate brokerage firm represented Rhoads Industries, Inc. in the sale of their 84,132 s/f building plus 8,403 s/f satellite building situated on 7.0 acres located at 2375-79 Philmont Ave., Huntingdon Valley. 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.

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