BRISTOL, PA–NAI Mertz has done the Bristol Stomp proud, leasing the entire 120,557-square-foot industrial building at 181 Rittenhouse Circle in Bristol, PA. The building is owned by 181 Partners, doing business as Industrial Investments.
Jeffery Licht, SIOR, senior vice president, and Adam Lashner, vice president, represented the tenant, CP Flexible Packaging, in the transaction. John Bown III, senior associate, and Jay Bown, president, of Industrial Investments, represented ownership in the transaction.
“This building perfectly meets the expansion needs of our client, including their manufacturing requirements for heavy power and high ceilings,” says Lashner. “We are pleased to have represented CP Flexible Packaging in this transaction and to bring another quality company to Bristol,” he added.
The lease represents an expansion for CP Flexible Packaging from its current locations in York, Newtown and Bensalem, PA. The company specializes in flexographic print technologies and lamination to create custom packaging for clients.
Located within the Bucks County Enterprise Zone, 181 Rittenhouse Circle is a 120,557-square-foot industrial building located within Keystone Industrial Park. The building features 21'-25' ceiling heights, 14 loading docks and one drive-in loading door. Keystone Industrial Park is easily accessible from Interstate 95 and the Pennsylvania Turnpike.
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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].
