600 Ridge Road & 514 Kaiser Drive

600 Ridge Rd, Marcus Hook, PA 19061, United States

600 Ridge Road & 514 Kaiser Drive

As exclusive agent, Cushman & Wakefield’s National Industrial Advisory Group is pleased to offer a 100% fee interest in 600 Ridge Road and 514 Kaiser Drive for sale.

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Gerry Blinebury joined C&W in 2001 and currently serves as a Senior Director of the Industrial Brokerage Group, specializing in the Lehigh Valley, South Central PA, and North-eastern PA industrial markets, the entire I-81, I-78, I-83 & I-80 distribution corridors. Mr. Blinebury has a broad range of experience working with institutional quality owners and corporate users including agency leasing, building sales, land sales, tenant/ buyer representation and the marketing of investment grade industrial buildings and industrial parks to the capital market investment community.


Mr. Blinebury is a co-founder of Cushman & Wakefield’s Food Services Group and an active member and participant of C&W’s Global Supply Chain Solutions Group. He is consistently one of the top 10 producers for Cushman & Wakefield’s Pennsylvania, Delaware and Southern New Jersey regions. Mr. Blinebury is a graduate of the Pennsylvania State University where he obtained his Bachelor of Science degree in both finance and real estate.

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Both of these 56,000 and 31,617 square foot (sf) quality industrial buildings are fully leased with a WALT of 6.79 years. The properties are both located in the Southeastern Pennsylvania (SEPA) market, just off I-95 in Delaware County. SEPA benefits from surging industrial trends at 97.8 percent occupied and 5.3 million square feet (msf) under construction expected to be pre-leased, due to strong tenant demand and soaring rents.


600 Ridge and 514 Kaiser offer an investor the opportunity to add value through its well below market rents and the ability to expand 600 Ridge Road by up to 24,000 sf. 514 Kaiser features four dock doors, one drive-in door and clear heights of 18’-20’. 600 Ridge is a newly constructed, state-of-the-art facility with four dock doors, one drive-in door and 26’ clear heights.



Proximity to I-95 & Major Employment Hubs

Super infill location within a two-hours drive of NYC, Philadelphia, Washington DC, Pittsburgh, and Baltimore


Material Rent Growth Upside

Attractive basis with $9.32/SF weighted average rent across the two buildings or 23% below market

Projected NOI growth of 82% over the next 10 years


Best In Class Infill Assets

600 Ridge Road: Newly built, 56K SF warehouse with 4 dock doors, 1 drive-in door and 26’ clear heights

514 Kaiser Drive: Recently renovated 31.6K SF warehouse, with 4 dock doors, 1 drive-in door and 16-18’ clear heights