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9001 Torresdale Avenue

GE Hitachi Nuclear Energy Leases 65934 SF Industrial Space At 9001 Torresdale Avenue In Philadelphia
LEASEDIndustrial

GE Hitachi Nuclear Energy Leases 65934 SF Industrial Space At 9001 Torresdale Avenue In Philadelphia

9001 Torresdale Avenue

Building Size

65,934 SF

Asset Type

Industrial

Closing

Sep 29, 2025

AI

The asset involved in this lease transaction is an industrial property located at 9001 Torresdale Avenue in Philadelphia, PA. This property comprises a total square footage of 65,934. The landlord of the property is The Seyon Group, and the tenant occupying the space is GE Hitachi Nuclear Energy.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not disclosed
  • Address: 9001 Torresdale Avenue
  • Market: Philadelphia, PA
  • Landlord: The Seyon Group
  • Tenant: GE Hitachi Nuclear Energy
  • Landlord's Representative: Brendan Kelley, Jim Scott & Chris Winnick - Avison Young
  • Tenant's Representative: Patrick (Pat) Green & Michael (Mike) Mullen - CBRE

This lease transaction was arranged by Avison Young, which represented the landlord, The Seyon Group. GE Hitachi Nuclear Energy is the first tenant to occupy the converted warehouse, marking a significant moment for the property. The tenant was represented by Patrick (Pat) Green and Michael (Mike) Mullen from CBRE, highlighting the collaborative nature of the deal.

Players

Jim Scott

Avison Young

Broker

3 deals

Broker
The Seyon Group
The Seyon GroupLandlord

Philadelphia 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