PHILADELPHIA, PA—RR Donnelley sold its 370,000-square-foot single-story industrial building on 56.6 acres at 4411 Old Berwick Road in Bloomsburg, PA to Sekisui Polymer Innovations, LLC, which has an existing facility near the site and plans to bring an additional 200 new jobs to the area over the next five years. Binswanger and Berwick Industrial Development Association, Inc. (BIDA) helped broker the transaction.
Key features of the property include 6-inch reinforced concrete floor; concrete block over heavy structural steel frame and insulated metal panel walls; Firestone single-ply membrane roof; columns spaced 30 feet x 40 feet and 45 feet x 45 feet; ceiling heights to 26 feet; T-8 fluorescent lighting; wet sprinkler system; approximately 10,500 square feet of office space; 16 dock doors with levelers and seals; two drive-in doors and parking for 480 vehicles.
The transaction was handled by Michael Treacy, senior vice president in Binswanger's Philadelphia, PA office. Rich Plonsker, executive vice president in Binswanger's Chicago, IL office serves as account manager for RR Donnelley and is responsible for the account worldwide. The Binswanger team worked closely with BIDA's staff to close the deal. Both Binswanger and BIDA were assisted in their marketing efforts by the continued aid and cooperation received from numerous other sources including the Board of Columbia County Commissioners, the Governor's Action Team, the Central Pennsylvania Career Link, the SEDA-COG Joint Rail Authority, the North Shore Railroad and PPL. This project exemplifies the importance of several entities working together to achieve a common goal.
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