Alliance HP Sells Southwest Philly Industrial Portfolio

Alliance HP sells Southwest Philadelphia industrial portfolio for nearly double 2021 purchase price

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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