PENNRIDGE AIRPORT BUSINESS PARK

CLASS-A INDUSTRIAL BUSINESS PARK

Colliers is pleased to present the Pennridge Airport Business Park. This master planned business park is one of the only Class-A speculative industrial developments under construction in suburban Philadelphia. Beginning with Phase I, located within the business friendly borough of Perkasie, this park will offer multiple industrial buildings ranging in size from 101,920 +/- SF to 150,000 +/- SF (divisible to 30,000 SF).

Phase I of this project will deliver two (2) buildings – Building 1 of 101,920 +/- SF and Building 2 of 105,840 +/- SF. Building 1 delivered in fall of 2019 and is now leased. Adjacent to Building 1 is the Pad Site for Building 2 – fully entitled and pad-ready, this building could be delivered within six to eight months of lease execution.

Pennridge Airport Business Park is an ideal corporate headquarters location for production, pharmaceutical, warehousing, and other integrated businesses. There is considerable flexibility of design and ownership is well capitalized and willing to make tenant specific improvements.

Immediate access to one of the region's largest corporate airports

One of the only new developments in business-friendly Bucks County

Ideal for production, warehousing and build to suit requirements

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CORPORATE NEIGHBORS

IDEAL LOCATION & ACCESS

Situated on the grounds of the Pennridge Corporate Airport (KCKZ), Pennridge Airport Business Park provides immediate access to the one of the region’s largest corporate airports and a 4,215’ paved runway. The site is located less than three miles from Route 309, which provides access to I-476 via both the Lansdale Interchange and the Quakertown Interchange. Route 309 also provides access to the Lehigh Valley and both I-78 and I-276.

AMERICA'S HOMETOWN

Perkasie offers small town charm with big city accessibility and is great place to live, work and play.The Borough has the largest municipal park system in Bucks County, with over 80 acres of parks and trails. In Perkasie, you will find unique housing, beautiful parks, upscale shopping, excellent schools, restaurants, nightlife and more.

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DEMOGRAPHICS

Population

8,500

Median Age

35

Median Income

$65,000

Median Home Price

$265,000

ABOUT THE OWNER

Pennridge Development Enterprises is a locally owned company developing a Class A business park adjacent to the Pennridge Airport.  As the owners of the Pennridge Airport for nearly forty years, we are established locally and committed to development that will benefit the surrounding community and the school district by drawing high quality manufacturing operations to the Borough of Perkasie.

CONTACT

ABOUT COLLIERS INTERNATIONAL

Colliers International Group Inc. (NASDAQ: CIGI) (TSX: CIGI) is a top tier global real estate services and investment management company operating in 69 countries with a workforce of more than 13,000 professionals. Colliers is the fastest-growing publicly listed global real estate services and investment management company, with 2017 corporate revenues of $2.3 billion ($2.7 billion including affiliates). With an enterprising culture and significant employee ownership and control, Colliers professionals provide a full range of services to real estate occupiers, owners and investors worldwide, and through its investment management services platform, has more than $20 billion of assets under management from the world’s most respected institutional real estate investors.