Alliance HP has sold three industrial buildings in Eastwick near the Philadelphia International Airport for a combined $24.7 million, or 86% more than it paid two years ago. The buildings total 122,373 square feet.
A buyer could not be determined and the sale has not yet been recorded in public records.
The three Philadelphia buildings — at 3201 S. 76th St., 3250 78th St. and 3440 Bartram Ave. — are fully leased to three tenants, including tool wholesaler Medco and Dickinson Fleet Services. The portfolio includes clear heights between 17 and 22 feet, 14 loading doors, five drive-in doors and 163 parking spaces. The three buildings are within 2.5 miles of the airport.
*Article courtesy of Philadelphia Business Journal
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