The property brokerage Jones Lang LaSalle (JLL) is offering
100 Campus Drive, Newtown, Bucks County and 52.5 acres with three
office-lab-R&D buildings and a four-year-old conference center for sale at
$30 million.
The buildings most recently served military contractor
Lockheed Martin, which moved 1,000 engineering jobs out of Newtown and
consolidated the work in Denver after U.S. Sen. Charles Schumer, D-N.Y.,
bullied the company into reversing a plan that would have moved other jobs to
the Philadelphia area from New York.
The buildings cover 461,000 ft2, with 192,000 sq ft of
expansion approved. JLL broker Tom Weitzel in a statement called it one of the
largest blocs of space available in the region, and noted its proximity to the
booming office corridor around Princeton, N.J. nearby. JLL said EVPs James
Galbally and Robert Bull, SVP Kim Meincke, and director Ron Cariola are
supporting broker Tom Weitzel on the sale.
Source: Philly.com
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