The asset involved in the lease transaction is an industrial property located at 3144 West Passyunk Avenue, Philadelphia, comprising 1,400,000 square feet. This property is part of The Bellwether District, a logistics campus that has been redeveloped from the former Philadelphia Energy Solutions refinery.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Not specified
• Square Footage: 1,400,000 SF
• Address: 3144 West Passyunk Avenue
• Market: Philadelphia
• Landlord: Roberto Perez - Hilco Redevelopment Partners
• Tenant: Nate Patena - DrinkPAK
• Brokers: Jim Belcher, Nick Pickard, Stephen J. Cook & Mike Spaeder - Newmark

This lease was signed by DrinkPAK, representing a significant industrial deal in Philadelphia's history. The negotiation was facilitated by Newmark, highlighting the potential for regional economic impact and job creation as part of this 1,300-acre logistics campus.