Philly Industrial Space

Philly Industrial SpaceWolf Commercial Real Estate specializes in representing a wide range of Philly industrial space for buyers, sellers, tenants and investors.

The team at our Philadelphia commercial real estate brokerage firm is uniquely qualified in all types of industrial space in Philly, from traditional space for warehousing and manufacturing, to industrial flex space for multiple uses under one roof, such as offices, showrooms, warehousing and more. As a leading Philadelphia commercial real estate broker, we offer clients the highest standard of service and unmatched expertise as we partner with them to help them realize their Philly industrial space goals.

Buying Philly Industrial Space

For buyers and tenants looking for new industrial space in Philadelphia, the knowledgeable team at our Philadelphia commercial real estate brokerage firm is experienced in identifying the available industrial space in Philly that is the best match for your specifics needs. We assure that the sale or lease terms of your new Philadelphia industrial space complements your real estate goals, and we’re with you from the beginning of the process to the very end in order to facilitate a smooth transition into your new Philly industrial space. At Wolf Commercial Real Estate, we have the people, the power and the connections to get you the right industrial space in Philadelphia at the right price.

Selling Philly Industrial Space

For owners looking to sell or lease their industrial space in Philly, there is nothing better than the defined marketing process that our Philadelphia commercial real estate specialists developed and then tailor for each property and sub-market. This comprehensive and proven marketing strategy works exceedingly well to match buyers and tenants with available Philadelphia industrial space.

Whether you are looking for new industrial space in Philadelphia, or seeking buyers or tenants for your available Philly industrial space, Wolf Commercial Real Estate is the Philadelphia commercial real estate broker you need to make your commercial real estate goals a reality.

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Vitamin Manufacturer Expands in Northeast Philadelphia

Vitamin company buys TJX warehouse in NE Philadelphia

A California vitamin manufacturer is expanding in Northeast Philadelphia, leasing a 180,171-square-foot distribution center currently occupied by TJX Cos. 

International Vitamin Corp. is moving into 2801 Red Lion Road in the first quarter of 2023, growing from the roughly 110,000 square feet it currently occupies nearby at 10101 Roosevelt Blvd. The company will occupy the entire building. 

The Irvine, California, company touts itself as the No.1 manufacturer of store brand vitamin and nutritional supplements in the U.S.

TJX Cos., the parent company of TJ Maxx, Marshall’s and Homegoods, company is leaving 2801 Red Lion Road after 11 years. The company is in the process of relocating to a recently completed 282,737-square-foot build-to-suit distribution center at 9801 Blue Grass Road just steps from the Red Lion Road facility. The move is expected to be completed by year’s end. New York-based DH Property Holdings in collaboration with Bridge Development of New Jersey developed the project. 

*Article courtesy of Philadelphia Business Journal

Wolf Commercial Real Estate, a full-service CORFAC International brokerage and advisory firm, is a premier Philadelphia commercial real estate broker that provides a full range of Philadelphia commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other Philadelphia commercial properties for buyers, tenants, investors and sellers. Please visit our website for a full listing of Philadelphia commercial properties for lease or sale through our Philadelphia commercial real estate brokerage firm.

Port of Philadelphia Plans to Build New 100,000 SF Warehouse

The facility will be funded through a $20.3 million grant awarded to PhilaPort under the U.S. Department of Transportation’s 2022 Infrastructure for Rebuilding America program. A portion of the funding will also be used toward safety and efficiency upgrades with the modernization of the Tioga Marine Terminal’s main gate. 

Construction of the new warehouse is expected to begin in 2024. The project was developed in a joint effort between PhilaPort and the facility’s terminal operator, Delaware River Stevedores. 

*Article courtesy of Philadelphia Business Journal 

Wolf Commercial Real Estate, a full-service CORFAC International brokerage and advisory firm, is a premier Philadelphia commercial real estate broker that provides a full range of Philadelphia commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other Philadelphia commercial properties for buyers, tenants, investors and sellers. Please visit our website for a full listing of Philadelphia commercial properties for lease or sale through our Philadelphia commercial real estate brokerage firm.

Northeast Philly Distribution Center Sells for $148M

A Northeast Philadelphia distribution center occupied by TJX Cos. has been acquired by a Spanish billionaire for $148.1 million, a 53% increase over what the property traded for three years ago.

*Article courtesy of Philadelphia Business Journal

Wolf Commercial Real Estate, a full-service CORFAC International brokerage and advisory firm, is a premier Philadelphia commercial real estate broker that provides a full range of Philadelphia commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other Philadelphia commercial properties for buyers, tenants, investors and sellers. Please visit our website for a full listing of Philadelphia commercial properties for lease or sale through our Philadelphia commercial real estate brokerage firm.

Bucks County Logistics Firm Leases 200,000 SF Building

Less than a year after buying a 200,000-square-foot industrial building in Croydon, Wharton Equity Partners has landed a new tenant for the vacant property.

Jillamy Inc., a third-party logistics company based in Chalfont, toured the building at 2955 State Road and signed a lease eight days later. The company takes occupancy Sept. 8. “It was a very fast-moving process,” said Nick Aileo, director of acquisitions for Wharton Equity.

The pace of the deal underscores continued demand for well-located industrial space throughout the region despite some skittishness in the economy. The building is within proximity to I-95, Route 1, the Pennsylvania Turnpike as well as the Burlington-Bristol Bridge leading into Southern Jersey and is adjacent to rail.

*Article courtesy of Philadelphia Business Journal

Wolf Commercial Real Estate, a full-service CORFAC International brokerage and advisory firm, is a premier Philadelphia commercial real estate broker that provides a full range of Philadelphia commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other Philadelphia commercial properties for buyers, tenants, investors and sellers. Please visit our website for a full listing of Philadelphia commercial properties for lease or sale through our Philadelphia commercial real estate brokerage firm.

BG Capital partners with FreezPak on new cold storage projects

NFI Industries to Occupy New Industrial Building in Quakertown

NFI Philly

South Philadelphia warehouse sells for $24M, more than triple the price of 2019 sale

DH Property Holdings has paid $24 million for 200 Pattison Ave., a fully-occupied, 96,000-square-foot warehouse in South Philadelphia. 

The New York real estate company bought the property from Ivy Holdings, which had acquired the cold storage facility in 2019 for $7.2 million. The recent sale reflects a 233% increase over 2019. Prior to that, the last time it sold was in 1988 when Bloomfield Holdings Inc. bought it for $2.1 million.

Northeast Philadelphia warehouse sells for 166% more than it traded for a year ago

Bridge Investment Group of Salt Lake City paid $33.25 million for 11311 Roosevelt Blvd., a 229,459-square-foot warehouse in Philadelphia, according to city property records.

It bought the building from Covington Property Partners, a Dallas company that acquired it in February 2021 for $12.5 million. Covington purchased the building through a bankruptcy sale of National Publishing Co.’s assets. National had used the space as a warehouse and distribution center. 

After the sale to Covington, the City of Philadelphia leased the building for 16 years and has two 5-year extension options. The city is using it as a storage facility for equipment. 

The first year’s annual base rent is $1.91 a square foot and totals $438,798, according to an ordinance that Philadelphia City Council signed off on when approving the lease on June 17, 2021. From there, rents rise to $6.26 a square foot in the second year and top out at $12.43 a square foot by the end of 26 years if the city executes on the two options to extend the lease. 

*Article courtesy of Philadelphia Business Journal

Wolf Commercial Real Estate, a full-service CORFAC International brokerage and advisory firm, is a premier Philadelphia commercial real estate broker that provides a full range of Philadelphia commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other Philadelphia commercial properties for buyers, tenants, investors and sellers.

Please visit our websites for a full listing of Philadelphia commercial properties for lease or sale through our Philadelphia commercial real estate brokerage firm.

Oldies.com building in West Conshohocken comes up for sale amid hot industrial market

The Oldies.com building, a highly visible property from the Blue Route when headed south and known for its moniker emblazoned across the structure, has been put up for sale. 

The owner of the 52,000-square-foot building at 60 Portland Road in West Conshohocken has decided the company no longer needs as much space to distribute the vinyl records, compact discs, DVDs and other collectables. Oldies.com needs about 5,000 to 10,000 square feet and has decided to put the property on the market. 

The industrial market, which consists of large and small warehouses and distribution centers, has never been hotter across the region. The overall vacancy rates stands at 3.7% and average asking rents are $8.86 a square foot, which is up 4% quarter over quarter. 

*Article courtesy of Philadelphia Business Journal

Wolf Commercial Real Estate, a full-service CORFAC International brokerage and advisory firm, is a premier Philadelphia commercial real estate broker that provides a full range of Philadelphia commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other Philadelphia commercial properties for buyers, tenants, investors and sellers.

Please visit our websites for a full listing of Philadelphia commercial properties for lease or sale through our Philadelphia commercial real estate brokerage firm.

Connecticut firm buys 2 industrial buildings in Northeast Philadelphia for $25M

An investment group led by a Connecticut real estate firm has paid $25 million for 1771 Tomlinson Road and 11500 Roosevelt Blvd., two expansive industrial properties in Northeast Philadelphia. 

With this off-market acquisition, Brickman of Greenwich now controls 960,480 square feet on a total of 54.43 acres across three properties in Northeast Philadelphia that are within close proximity of each other. 

Last September, a separate Brickman investment group paid $33.39 million for 11200 Roosevelt Blvd., a 454,353-square-foot industrial building on 26 acres. In the most recent acquisition, the property at 11500 Roosevelt totals 298,627 square feet on 12.88 acres. The building was developed in 1965. The other property at 1771 Tomlinson totals 207,500 square feet on 15.25 acres. It was also built in 1965 and had formerly been occupied by Fisher Auto Parts. 

*Article courtesy of Philadelphia Business Journal

Wolf Commercial Real Estate, a full-service CORFAC International brokerage and advisory firm, is a premier Philadelphia commercial real estate broker that provides a full range of Philadelphia commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other Philadelphia commercial properties for buyers, tenants, investors and sellers.

Please visit our websites for a full listing of Philadelphia commercial properties for lease or sale through our Philadelphia commercial real estate brokerage firm.