Philadelphia Cold Storage
Project Details
2201 E Allegheny Ave
Philadelphia, PA
Currently Under Construction
Project Type: Redevelopment
Year Acquired: 2018
Total Project Size: 168,000 SF
Use: Industrial Cold Storage Facility
Estimated Project Cost: $68,710,000
Estimated Stabilized Value: $116,500,000
This acquisition consists of a seven-acre industrial zoned parcel of land in the Port Richmond neighborhood of Philadelphia. The property currently sits as a paved parking lot that is leased to First Student Group to park their school buses for the Philadelphia School District. The site is now in the planning phase of a build-to-suit 168,000 SF state of the art Industrial Cold Storage Facility.
