Transwestern Brokers 34,400-SF Industrial Lease
September 13, 2023
PHILADELPHIA – Transwestern Real Estate Services (TRS) announces it has brokered a new 34,400-square-foot lease for Roca Bathroom Products Inc. at 1000 Forge Ave. in Norristown, Pennsylvania, a suburb of Philadelphia. Transwestern Senior Vice Presidents John Vaught and Steve Kozarits provided site selection and brokerage negotiation services to Roca in collaboration with The Flynn Company’s Patrick Gilmore, SIOR.
“We have had the pleasure of working with Roca for several years,” said Vaught. “By understanding their business and growth plans, we helped them find and secure a distribution center that supports their objectives to expand in the Northeast.”
The industrial property is located within Seton Corporate Center in the East Montgomery City submarket and offers access to Interstates 276, 76 and 476. Featuring an 8,360-square-foot office, the warehouse includes 24-foot ceiling heights, 30-by-40-foot column spacing, five truck docks and a drive-in door.
Roca Bathroom Products Inc. is the United States subsidiary of Roca Sanitario S.A., a Spanish family-owned company founded in 1917. Roca designs and manufactures bathroom products in 76 production plants worldwide, reaching over 170 countries. The North American office is based in Miami, and the new facility will be used to expand its product line.
About Transwestern Real Estate Services
Transwestern Real Estate Services (TRS) adds value for investors, owners and occupiers of all commercial property types through a comprehensive perspective and by providing solutions grounded in sound market intelligence. Part of the Transwestern companies, the firm applies a consultative approach to Agency Leasing, Asset Services, Tenant Advisory + Workplace Solutions, Capital Markets, and Research & Investment Analytics.
The privately held Transwestern companies have been delivering a higher level of personalized service and innovative real estate solutions since 1978. Through an integrated, customized approach that begins with good ideas, the firm drives value for clients across commercial real estate services, development, investment management, and opportunistic endeavors for high-net-worth investors. Operating from 33 U.S. offices, Transwestern extends its platform capabilities globally through strategic alliance partners whose unique geographic, cultural, and business expertise fuels creative solutions. Learn more at transwestern.com and @Transwestern.