MORRISVILLE, PA—MJLS Holdings, an electrical contractor, has acquired a 16,700-square-foot office and industrial building sale at 1380 S. Pennsylvania Avenue in Morrisville, PA from Michael Fardella,
The NAI Mertz team of Zena Charokopos, vice president-office division, Jeffrey Licht, SIOR, senior vice president and Adam Lashner, SIOR, vice president, represented both buyer and seller.
The buyer was looking to expand from its previous facility.
“This transaction created the perfect scenario for the buyer—providing the additional space it required for its growing business in an ideal location to serve their clients,” says Charokopos.
Located in Falls Township, 1380 S. Pennsylvania Avenue is a two-story fully air-conditioned building with four office suites ranging from 2,300 to 2,625 square feet, including kitchen areas and a conference room. The 6,948-square-foot industrial area is divided into two spaces—one unit includes two office areas and the second unit features a 1,100-square-foot mezzanine area. The building also features a video surveillance system and a 130-KW back-up generator. Located in Bucks County, the building is in close proximity to US Route 1 and I-95 offering easy access to New Jersey.
“We are pleased to have represented both parties in meeting their business goals,” says Lashner. “Morrisville is a great location offering convenience to major highways, as well as a myriad of housing, retail and entertainment options.”
MORRISVILLE, PA—MJLS Holdings, an electrical contractor, has acquired a 16,700-square-foot office and industrial building sale at 1380 S. Pennsylvania Avenue in Morrisville, PA from Michael Fardella,
The NAI Mertz team of Zena Charokopos, vice president-office division, Jeffrey Licht, SIOR, senior vice president and Adam Lashner, SIOR, vice president, represented both buyer and seller.
The buyer was looking to expand from its previous facility.
“This transaction created the perfect scenario for the buyer—providing the additional space it required for its growing business in an ideal location to serve their clients,” says Charokopos.
Located in Falls Township, 1380 S. Pennsylvania Avenue is a two-story fully air-conditioned building with four office suites ranging from 2,300 to 2,625 square feet, including kitchen areas and a conference room. The 6,948-square-foot industrial area is divided into two spaces—one unit includes two office areas and the second unit features a 1,100-square-foot mezzanine area. The building also features a video surveillance system and a 130-KW back-up generator. Located in Bucks County, the building is in close proximity to US Route 1 and I-95 offering easy access to New Jersey.
“We are pleased to have represented both parties in meeting their business goals,” says Lashner. “Morrisville is a great location offering convenience to major highways, as well as a myriad of housing, retail and entertainment options.”
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Steve Lubetkin
Steve Lubetkin is the New Jersey and Philadelphia editor for GlobeSt.com. He is currently filling in covering Chicago and Midwest markets until a new permanent editor is named. He previously filled in covering Atlanta. Steve’s journalism background includes print and broadcast reporting for NJ news organizations. His audio and video work for GlobeSt.com has been honored by the Garden State Journalists Association, and he has also been recognized for video by the New Jersey Chapter of the Society of Professional Journalists. He has produced audio podcasts on CRE topics for the NAR Commercial Division and the CCIM Institute. Steve has also served (from August 2017 to March 2018) as national broadcast news correspondent for CEOReport.com, a news website focused on practical advice for senior executives in small- and medium-sized companies. Steve also reports on-camera and covers conferences for NJSpotlight.com, a public policy news coverage website focused on New Jersey government and industry; and for clients of StateBroadcastNews.com, a division of The Lubetkin Media Companies LLC. Steve has been the computer columnist for the Jewish Community Voice of Southern New Jersey, since 1996. Steve is co-author, with Toronto-based podcasting pioneer Donna Papacosta, of the book, The Business of Podcasting: How to Take Your Podcasting Passion from the Personal to the Professional. You can email Steve at [email protected].
