A 281,600-square-foot industrial property in Bristol, Pennsylvania, has sold for $52.75 million. San Diego-based Westcore Properties acquired the warehouse from an entity affiliated with Blackstone’s Link Logistics. Located at 100 Crossings Drive, the property sits within Keystone Industrial Park in Bucks County. The transaction closed at approximately $187 per square foot. The warehouse was constructed… Read more »
Greek Real Estate Partners and Principal Asset Management have launched another industrial development in the Philadelphia region. The joint venture acquired a 6.9-acre development site at 805 North Wilson Avenue in Bristol for $7.8 million. Construction began the day after the transaction closed. Plans call for a 100,170-square-foot warehouse. The project is expected to be… Read more »
TESCO owner Tom Lawton worried about the possibilities. If the building that housed his company was sold, the buyer could force it to move. So Lawton took control. TESCO bought Grundy Commons, its home since 1987, in November. The company paid just under $13.4 million for the four-building property in Bristol, according to public records…. Read more »
