Binswanger is pleased to offer this investment opportunity in the North Philadelphia Submarket. The properties consists of approximately 132,000 SF on approx. 6.13 acres and is conveniently located near I-95 and the Aramingo Avenue Interchange Year-over-year, market rents have increased by 1.6% for logistics buildings, 2.0% for flex buildings, and 2.8% for specialized industrial buildings. In Northeast Philadelphia, the estimated industrial market pricing stands at $100 per square foot, notably below the market
average of $131 per square foot. The area’s estimated market capitalization rate is 7.5%, slightly higher than the market average of 7.2%. The industrial market has seen significant acceleration, driven by rising demand for e-commerce and online order fulfillment. This has fueled growth in last-mile warehousing needs and led to a corresponding
increase in institutional ownership across the sector.