This former tire manufacturing facility in Montgomeryville, PA, is a 28.7 acre site containing 183,593 square feet of warehouse distribution space and over 45,000 square feet of Class “B” office space. The property also includes eleven acre site, which Silverang Hallowell has developed as a new 150,000 sq. ft. FedEx ground distribution facility. While the property is in a great location with easy accessibility to highways and residential areas, Silverang Hallowell saw that, because of poor management and a lack of recent capital improvements by previous owners, the building was generating sub-market level rent receipts. Through Silverang Hallowell’s efforts to improve existing structures, develop the unused eleven-acre parcel and convert a portion of the warehouse to flex-use space, the building continues to operate at full capacity and is now commanding rent receipts consistent with the market for premium industrial space.