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
Philadelphia Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
Loading comparables…
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