Westcore Properties Acquires Industrial Property At 100 Crossings Dr Bristol For $52.7M From Link Logistics

Westcore Properties acquired the 281,600-square-foot industrial property located at 100 Crossings Drive in Bristol, PA, from Link Logistics for $52.7 million. This property, built in 2004, sits on 27 acres and includes 44 dock-high doors, two grade-level loading doors, and 30-foot clear heights.

Summary of transation details:

• Property Type: Industrial
• Transaction Amount: $52,700,000
• Buyer: Westcore Properties
• Seller: Link Logistics
• Lender: The Hartford Financial Services Group
• Square Footage: 281,600
• Price Per Square Foot: $187
• Year Built: 2004
• Lot Size: 27 acres
• Dock-High Doors: 44
• Grade-Level Loading Doors: 2
• Clear Heights: 30 feet

The Hartford Financial Services Group provided a $30 million acquisition loan to facilitate the transaction, supporting Westcore Properties in their purchase from Link Logistics.