Updated Oct 12, 2026
DH Property Holdings, LLC Acquires 7.08 Acres Industrial Property In Philadelphia, Pennsylvania From Ivy Realty For $24M
200 Pattison Avenue, Philadelphia, Pennsylvania 19148, United States
$24,000,000
$250/SF
Building Size
96,000 SF
Asset Type
Industrial
Closing
May 7, 2022
About this deal
AI
The industrial property located at 200 Pattison Avenue in Philadelphia, Pennsylvania was recently sold. The property spans across approximately 7.08 acres. The sale took place on 05/08/2022, with a sale price of $24,000,000.
Summary of Transaction Details
- Property Type: Industrial
- Transaction Amount: $24,000,000
- Address: 200 Pattison Avenue, Philadelphia, Pennsylvania
- Market: Philadelphia, Pennsylvania
- Buyer: DH Property Holdings, LLC
- Seller: Ivy Realty
- Brokers: Michael Margolis, David Dolan, J Eustace Wolfington III & Ryan Guittare - Newmark
The deal was facilitated by brokers Michael Margolis, David Dolan, J Eustace Wolfington III, and Ryan Guittare from Newmark. The property was acquired by DH Property Holdings, LLC, while Ivy Realty served as the seller in the transaction.
On the Map
$24,000,000
$250/SF
Industrial
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Players
Philadelphia Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.66%
Cash-on-Cash
-0.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93