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NorthBridge Partners Acquires Industrial Properties In Philadelphia PA For $34.55M

11601 Caroline Road, 11631 Caroline Road, 11731 Caroline Road & 592 Winks Lane
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This Industrial property located in PA was sold for $34,550,000 about 2 years ago. The brokers of the deal were Steven Pollan and Joseph Kassin

An industrial property spanning 12.5 acres has been sold in Philadelphia, PA. The property, located at 11601 Caroline Road, 11631 Caroline Road, 11731 Caroline Road, and 592 Winks Lane Bensalem PA, was acquired by NorthBridge Partners. The seller of the property was Barry Green. The transaction was facilitated by Steven Pollan and Joseph Kassin of Kassin Sabbagh Realty.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $34,550,000
  • Square Footage: 258,822 SF
  • Price Per Square Foot: $133
  • Market: PA

The deal was successfully closed on 12/28/21.

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Deals
  • Location
    11601 Caroline Road, Philadelphia, PA 1915411601 Caroline Road, Philadelphia, PA 19154
  • Sale Price
    $34,550,000$34,550,000
    $133 PPSF$133 PPSF
  • Area
    258,822 SF258,822 SF
  • Asset Type
    IndustrialIndustrial
  • Parties
    2 Brokers, 1 Agency2 Brokers, 1 Agency

Agents

Steven Pollan

Steven Pollan

Deals8
Sold$143.7M

Agency

Kassin Sabbagh Realty

Kassin Sabbagh Realty

Agency
Deals1091
Volume$7.1B

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Deal Summary

SALE IMAGE: Steven Pollan & Joseph Kassin DATE: 12/28/21 ADDRESS: 11601 Caroline Road, 11631 Caroline Road, 11731 Caroline Road, Philadelphia PA & 592 Winks Lane Bensalem PA MARKET: PA ASSET TYPE: Industrial ~ ACRES: 12.5 BUYER: NorthBridge Partners SELLER: Barry Green BROKERS: Steven Pollan & Joseph Kassin - Kassin Sabbagh Realty SALE PRICE: $34,550,000 SF: 258,822 ~ PPSF: $133

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11601 Caroline Road, 11631 Caroline Road, 11731 Caroline Road & 592 Winks Lane

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