Glenshaw Glass Company Inc. Has Retained Keen Realty to Market for Sale the Company's 458,000+/- Sq. Ft. Facility Located in Glenshaw, PA

Date: 15 July 2005
Source: Businesswire.com
Glenshaw Glass Company, Inc. has retained Keen Realty, LLC to market the company's 458,000+/- square foot manufacturing facility set on 25.0+/- acres in Glenshaw, PA for higher and better offers.

Glenshaw Glass Company, Inc. is a manufacturer of glass containers and bottles. Keen Realty is a real estate firm specializing in selling excess assets and restructuring retail real estate and lease portfolios.

The property is located along Route 8 in Glenshaw, Pennsylvania. The complex consists of multiple industrial buildings totaling 458,000+/- square feet set on 25.0+/- acres. The property is located in a suburb of Pittsburgh that is currently experiencing growth as retailers are beginning to develop new sites. The property is situated on the west side of Route 8 and is well located for continued industrial use or potential redevelopment.

"We expect there to be a tremendous amount of interest in this property, as it is provides an excellent opportunity for users, developers and investors" states Vice President Christopher Mahoney. "The marketing is just beginning and interested parties should respond as soon as possible as we expect the property to move quickly."

For over 23 years, Keen Realty has had extensive experience solving complex problems and evaluating and selling real estate, leases and businesses. Keen Realty, a leader in identifying strategic investors and partners for businesses, has consulted with hundreds of clients nationwide, and evaluated and disposed of more than 18,400 properties containing approximately 1,723,300,000 sq. ft. across the country. Recent clients include: Cable & Wireless, Meadowcraft, American Candy, Wellington Leisure Products, Spiegel/Eddie Bauer, Arthur Andersen, Service Merchandise, Tommy Hilfiger, Warnaco, and JP Morgan Chase.

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