Auto-part engineering co. dumps industrial digs

Property sits on 87 acres

Don't miss the real estate event of the summer
Join 4,000 real estate pros at Connect SF, Aug 7‑11, 2017

Binswanger/CBB negotiated the sale of a 1 million-square-foot building in Reading, Pa. The value of the transaction was not disclosed. The 87-acre property is located at Robeson and Weiser streets. The seller, Toledo, Ohio-based Dana Corp., is involved in the design, engineering and manufacture of a full line of products and systems for automotive, commercial and off-highway vehicles. The buyer, Reading Properties LP, is part of Industrial Investments of Ambler, Pa. It intends to lease out this property. Philadelphia-based Binswanger/CBB is an international, full-service real estate organization. *** What's your opinion? Send your Letter to the Editor to