Philly-Area Industrial Portfolio Trades for $195M

Philly-Area Industrial Portfolio Trades for $195M

Posted by on 2023-06-29

Three years after acquiring it amid the pandemic, Wharton Industrial, a platform company of New York City-based Wharton Equity Partners, and its joint venture partner, Walton Street Capital, have sold Twinbridge Industrial Park, a 37-asset, 1.3-million-square-foot portfolio in Pennsauken, NJ, 15 minutes from Center City Philadelphia. The price was $194.5 million and is one of ...

The post Philly-Area Industrial Portfolio Trades for $195M appeared first on Connect CRE.