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Colliers Lanard & Axilbund Sells 145,000 SF Industrial Facility
Colliers Lanard & Axilbund, 2009-04-30
by Marilyn A. Storck

Aston, PA

Colliers Lanard & Axilbund announces the sale of the former Greif, Inc. property located on Route 452, one-half mile from I-95 in Aston, Delaware County, PA. The property, located at 3033 Market Street, Aston, PA, is a modern facility with approximately 145,000 square feet, situated on 17 acres. 

The purchaser, XP Properties, intends to lease the entire facility to Priority Archives, Priority Shred and Priority Express Courier, the region’s leading Record Storage, Data Management, Shredding and Critical Delivery Service providers.  This will enable Priority to expand its operations to its customers throughout the Eastern seaboard.

Greif, Inc., based in Delaware, Ohio, is one of the nation’s leading producers of industrial containers and packaging materials with operations nationwide, serving customers globally in 48 countries.  Greif closed this operation in the third quarter 2008, representing a consolidation of key operations.

Colliers Lanard & Axilbund, teamed with its partner Colliers Turley Martin Tucker of Columbus, Ohio to represent the seller.  Brandywine Financial of Chadds Ford, PA  represented the purchaser.

About Colliers Lanard & Axilbund

Colliers Lanard & Axilbund is the third largest full service industrial and commercial brokerage firm in the Philadelphia area, with more than 35 brokers serving the region. CL&A is headquartered in Philadelphia with regional offices in Conshohocken, PA,  Allentown, PA , Mount Laurel, NJ and Wilmington, DE.  As an affiliate of Colliers International, CL&A’s reach extends to 293 offices in 61 countries.

Contact Information

Marilyn A. Storck
Director of Marketing
215.928.7523
mstorck@collierslanard.com

 

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