Posts Tagged: Fully Leased

Northeast Philly Warehouse Trades for $95M

Northeast Philly Warehouse Trades for $95M

A newly built warehouse in Northeast Philadelphia sold for $94.5 million. The sale represents one of the region’s largest industrial deals this year. An affiliate of Principal Financial Group bought the 465,000-square-foot property at 11601 Roosevelt Boulevard. NorthPoint Development, which completed the building in 2020, handled the sale. The price equals about $203 per square… Read more »