Lieberman Earley and Co Leases 14,671 SF to Service by Air in Folcroft
Posted : 06/05/2012
Lieberman Earley & Company assisted Service By Air in negotiating a lease agreement for 14,671 square feet of flex space located at 514 Kaiser Drive in Folcroft, PA.
Bill Wilson, a senior sales associate with Lieberman Earley & Company in Wayne, PA., arranged the multi-year lease agreement with Service By Air, the tenant, while Scott Henderson of Grubb & Ellis, assisted the owner, Barthco Associates, in this multi-year transaction. Aggregate rental of the lease was in excess of $334,000.
According to their website, “Service by Air is a freight shipping and logistic service company”. 514 Kaiser Drive is a single-story 32,000 square foot flex/warehouse building that is situated in the Folcroft West Business Park. The building contains five loading docks, one drive-in door, public water and sewer and is conveniently located within 4.8 miles from the Philadelphia International Airport, with easy access to Routes 420, 291 and 95.
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