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Logistics Property Co. Secures 937,000 Square Foot Warehouse Lease At South Penn Logistics Center

Property Image
LEASED
John Gartland
Gerry Blinebury
+ 2

Pennsylvania

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Industrial937,000 SF
Leased
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Property Image
LEASED

Logistics Property Co. Secures 937,000 Square Foot Warehouse Lease At South Penn Logistics Center

2300 South Pennsylvania Avenue

See Similar Deals
Industrial937,000 SF
Leased
John Gartland
Gerry Blinebury
+ 2
Contact now

Summary

PENNSYLVANIA
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:937000 SF
Transaction Type:Lease

The transaction involves an industrial asset located at 2300 South Pennsylvania Avenue in Morrisville, PA. This warehouse spans 937,000 square feet, having been delivered in 2025. The building was developed by FCL Builders and is part of the South Penn Logistics Center.

Summary of transaction details:

Logistics Property Co. secured the lease for the warehouse at the South Penn Logistics Center, although the identity of the tenant remains undisclosed. The lease was facilitated with the assistance of brokers John Gartland, Chris Butera, and Kevin Hagenberg.

Players

Jonas Skovdal
6 deals$23.3M volume
BROKER

John Gartland
Cushman & Wakefield
4 deals$23.3M volume
BROKER

Gerry Blinebury
Cushman & Wakefield
8 deals$178M volume(717) 231-7291
BROKER



LANDLORD

Details

LEASED
IMAGE: 03/04/2026 ADDRESS: 2300 South Pennsylvania Avenue MARKET: Morrisville, PA ASSET TYPE: Industrial ~ SF: 937,000 LANDLORD: Logistics Property Co. BROKERS: John Gartland, Chris Butera, Kevin Hagenberg, Gerry Blinebury & Jonas Skovdal - Cushman & Wakefield NOTE: Logistics Property Co. secured a 937,000-square-foot warehouse contract at the South Penn Logistics Center in Morrisville, though the tenant was not disclosed. The 2025-delivered building was developed by FCL Builders and leased with help from John Gartland, Chris Butera and Kevin Hagenberg.

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Deal Type
Effective Rent (Annual)

$53,708,274.57

Total Lease Value

$537,082,745.74

Net Landlord Cash Flow$53,708,274.57