Bresler & Reiner also owns the three other buildings that make up the five-building Northbrook Corporate Center. The other two buildings are small, single-occupancy buildings. The total square footage of the center is approximately 340,000 sf.
The class A space at 1150 Northbrook Dr. was leased for $26 per sf, which is priced at the top of the Northbrook Corporate Center's lease prices. The rental rates start at $21.22 and average lease price is $23.85 per sf. According to GVA Mack Smith's first quarter statistics, the average asking rate in Lower Bucks County was $23.07 per sf. Direct vacancy was at 19.2% and 21.1% vacancy including sublet space.
HCI Direct, the company that signed the lease, is a premier direct marketing company that produces the brands such as Silkies Enriche skin care, Pain Vanish pain relief products, Silkies hosier and Sculpz shapewear.
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