Auto-part engineering co. dumps industrial digs

Property sits on 87 acres

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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