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 »
Two years after the acquisition of a 305,706-square-foot industrial building in Northeast Philadelphia for $31.5 million, Greek Real Estate Partners has initiated a significant redevelopment. The original structure has been demolished to make way for a new 287,000-square-foot warehouse at 2121 Wheatsheaf Lane, with an estimated construction cost of around $50 million, according to David… Read more »
