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900 Wheeler Way

Sojo Industries Leases 210564 Square Feet At Langhorne Logistics Center In Langhorne Pennsylvania
LEASEDIndustrial

Sojo Industries Leases 210564 Square Feet At Langhorne Logistics Center In Langhorne Pennsylvania

900 Wheeler Way

Building Size

210,564 SF

Asset Type

Industrial

Closing

Aug 26, 2025

AI

The property asset involved in this transaction is an industrial facility located at 900 Wheeler Way in Langhorne, PA, encompassing a total area of 210,564 square feet. This asset is part of the Langhorne Logistics Center, which has recently been constructed.

Summary of transaction details:

Sojo Industries has signed a long-term lease for the facility, which will function as a hub for their robotics-driven packaging operations. The buildout of the space is anticipated to be completed by the fourth quarter of 2025.

Players

Jim Scott

Avison Young

Broker

3 deals

Broker
Avison Young
Avison YoungBrokerage
David Greek

David Greek

Greek Real Estate Partners

Landlord

$438.3M

vol

6 deals

Landlord
Principal Asset Management
Principal Asset ManagementLandlord

Langhorne Industrial Market Snapshot

Boundary boundary · Industrial · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93