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Binswanger/CBB Arranges Sale for Donaldson Company in Feasterville, Pa.


Business Editors

PHILADELPHIA--(BUSINESS WIRE)--July 31, 2002

On behalf of the seller, Donaldson Company, Inc., Binswanger/CBB recently negotiated the sale of a 10,000 square foot building with acreage in Feasterville, Pennsylvania. The property is located at 1741 Loretta Avenue. Frank J. Cullen J. Cullen may refer to:
  • James Cullen (mathematician);
  • James Cullen (PTAA), founder of the Pioneer Total Abstinence Association;
  • Joseph Cullen, Australian politician.
, President, Realty realty n. a short form of "real estate." (See: real estate)


REALTY. An abstract of real, as distinguished from personalty. Realty relates to lands and tenements, rents or other hereditaments. Vide Real Property.
 Group East, handled the transaction for Binswanger/CBB. Sale price was not disclosed.

Minneapolis, Minnesota-based Donaldson Company, Inc. is a leading worldwide provider of filtration filtration: see sewerage; water supply.
Filtration

The separation of solid particles from a fluidsolids suspension of which they are a part by passage of most of the fluid through a septum or membrane that retains most of the solids
 systems and replacement parts designed to filter air, sound and liquids. Donaldson manufactures products in over 19 countries, and the company's worldwide product sales have recorded double-digit earnings growth annually for the past 10 years.

The buyer plans to open a retail store, Bucks County Beauty Supply, on the property.

Headquartered in Philadelphia, PA, Binswanger/CBB is a member of Chesterton Blumenauer Binswanger, a global full-service real estate organization with over 160 offices worldwide throughout the U.S.A., Canada, Mexico and South America South America, fourth largest continent (1991 est. pop. 299,150,000), c.6,880,000 sq mi (17,819,000 sq km), the southern of the two continents of the Western Hemisphere. , the U.K. and Europe, the Middle East, Asia, South Africa South Africa, Afrikaans Suid-Afrika, officially Republic of South Africa, republic (2005 est. pop. 44,344,000), 471,442 sq mi (1,221,037 sq km), S Africa.  and Australia.
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Comment:Binswanger/CBB Arranges Sale for Donaldson Company in Feasterville, Pa.
Publication:Business Wire
Geographic Code:1U2PA
Date:Jul 31, 2002
Words:169
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