Boston real estate firm continues Philadelphia-area expansion, spends $44M on two industrial properties
February 18, 2022
NorthBridge Partners has spent nearly $44 million to add two more industrial properties to its growing footprint in the Philadelphia area.
Entities affiliated with the Boston real estate company paid $22 million for 2828 Charter Road, a 248,000-square-foot building on 19 acres in Northeast Philadelphia, and $21.8 million for 1050 Wheeler Way, a 110,000-square-foot building on 10 acres in Langhorne, according to property records. A representative from the company couldn’t be reached for comment.