Kraus USA leases 85,000 s/f from Whitesell Const.
Delran, PA — Roddy Inc., the Bensalem, PA industrial and commercial real estate brokerage firm, announced that it represented Kraus USA, Inc. in leasing 85,000 s/f of the 217,700 s/f modern one story masonry and steel multi-tenant industrial facility situated on 10 acres located at 2703 Cindel Dr., Cindel Business Park, Delran, Burlington County.
The leased space offers Kraus 30’+ clear ceiling heights, an ESFR sprinkler system, sixteen tailgate docks, one drive-in door, 40’x 60’ column spacing, T-5 lighting, natural gas heating, approx. 4,500 s/f of air-conditioned office space and parking for fifty-two (52) automobiles.
The landlord, Whitesell Construction Co., Inc., is Southern New Jersey’s largest privately owned real estate development firm. The company owns over 9.3 million s/f of commercial office, industrial, and retail space; serves 200 tenants, and has been in existence for close to 60 years.
Frank Roddy, president of Roddy Inc. who represented Kraus, advised that the long-term lease calls for an aggregate rental of $2.35 million