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Thomas Gambino Of Dynamic Worldwide Acquires Industrial Facility In North Bergen For $36M

Property Image
SOLD
$36,000,000
Luke J. Petherbridge
Thomas Gambino

New Jersey

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Industrial130,000 SF
Sold 04/24/2026
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Property Image
SOLD

Thomas Gambino Of Dynamic Worldwide Acquires Industrial Facility In North Bergen For $36M

7300 West Side Avenue

See Similar Deals
Industrial130,000 SF
Sold 04/24/2026
Luke J. Petherbridge
Thomas Gambino
the dealplayerscompscontact
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Summary

NEW JERSEY
Asset Type:Industrial
Price Per Square Foot:$276
Total Square Footage:130,000 SF
Transaction Type:Sale

An industrial facility located at 7300 West Side Avenue in North Bergen has been sold for $36 million. The asset covers 130,000 square feet with a price per square foot of $277. The transaction reflects the growing demand for industrial space in the NYC area, as evidenced by low vacancy rates of approximately 2.9%.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $36,000,000
  • Buyer: Thomas Gambino - Dynamic Worldwide
  • Seller: Luke J. Petherbridge - Link Logistics
  • Lender: Citizens Financial Group
  • Loan Amount: $25,000,000
  • Square Footage: 130,000
  • Address: 7300 West Side Avenue
  • Market: North Bergen

Thomas Gambino, representing Dynamic Worldwide, and Luke J. Petherbridge, representing Link Logistics, were the key individuals involved in the transaction. The deal is a part of Link Logistics' strategy to reshape its portfolio to meet market demand for industrial properties.

Players

Thomas Gambino
Thomas Gambino
1 deal$36M volume
BUYER
Luke J. Petherbridge
Link Logistics Real Estate
Luke J. Petherbridge
22 deals$1.7B volume
SELLER
CG
Citizens Financial Group
LENDER

Details

SOLD
IMAGE: Thomas Gambino & Luke J. Petherbridge DATE: 04/24/2026 ADDRESS: 7300 West Side Avenue MARKET: North Bergen ASSET TYPE: Industrial BUYER: Thomas Gambino - Dynamic Worldwide (@DynamicWorldwideLogistics) SELLER: Luke J. Petherbridge - Link Logistics (@LinkLogisticsre) LENDER: Citizens Financial Group SALE PRICE: $36,000,000 SF: 130,000 ~ PPSF: $277 NOTE: Link Logistics sold a 130,000-sq-ft industrial facility in North Bergen, NJ to Dynamic Worldwide for $36M, partially financed by a $25M loan from Citizens Financial Group. The deal is part of Link Logistics’ ongoing portfolio reshaping as demand for NYC-area industrial space stays tight, with vacancy rates near 2.9%.

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Debt Service Coverage Ratio (DSCR)

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