Olender of Roddy Inc. completes sale of 82,300 s/f facility in Hatboro for $5.5 million
HATBORO, PA — Roddy Inc., industrial and commercial real estate brokers, represented 2600 Turnpike LLC in the acquisition of 2600 Tpke. Dr., Hatboro. Robert Olender, who brokered the transaction, advised the 82,300 s/f facility was purchased for $5.5 million. 2600 Turnpike LLC is an entity related to MS International Inc (MSI). The property was purchased to house MSI’s expanded operations. MSI is a nationwide distributor of flooring, wall, and countertop surfaces. The company imports over 46,000 containers per year and manages an inventory over 125 million s/f of product used for counter tops, sinks, flooring, and decorative mosaics. MSI sources the globe for its products and, through 25+ distribution centers, delivers them when, where and how their customers need them.