The lease transaction involves a newly developed industrial property located at 2951 Orthodox Street in Philadelphia. This asset spans 148,611 square feet and is part of the Bridge Point Philadelphia campus, which comprises two industrial buildings totaling 890,312 square feet. The site features environmentally friendly LEED Gold certified buildings. Building 2 remains available for lease.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Not specified
• Address: 2951 Orthodox Street
• Market: Philadelphia
• Landlord: Connor Milanaik - Bridge Industrial
• Tenant: Veho
• Landlord's Representative: Kyle Lockard & Larry Maister - JLL
• Tenant's Representative: Barrett Stephan & Brian Hilger - KBC Advisors
• Lease Date: 10/31/2024
• Total Campus Size: 890,312 square feet

Connor Milanaik from Bridge Industrial acts as the landlord, entering into a lease agreement with Veho. The representatives involved in this transaction include Kyle Lockard and Larry Maister from JLL representing the landlord, while Barrett Stephan and Brian Hilger from KBC Advisors represent the tenant. The site was acquired in March 2022 and completed in March 2024, emphasizing the recent development phase of the property.