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:
- Property Type: Industrial
- Transaction Amount: Long-term lease
- Market: Langhorne, PA
- Landlord: Principal Asset Management & David Greek - Greek Real Estate Partners
- Tenant: Barak Bar-Cohen - Sojo Industries
- Landlord's Representative: Patrick Reistrom & Jason Fisch - Greek Real Estate Partners
- Tenant's Representative: Jim Scott - Avison Young
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
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