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519 W 2nd StEssington, PA 19029
I-95 Development Site
Asset ClassIndustrial, Land
overview of deal

Overview

Jones Lang LaSalle Americas Inc. (“JLL”) as exclusive advisor to the owner, is pleased to present the unique opportunity to acquire I-95 Development Site (the “Property”), a development site located in the heart of the I-95 Corridor just outside of Philadelphia. Totaling 41.9-acres, the site has the potential to accommodate a new-generation warehouse / distribution property totaling approximately 296,000 square feet.

 

The Property is located in Essington, Delaware County, PA, just 1.0 mile from Exit 9 of I-95 (Delaware Expressway) and 3.0 miles from the Philadelphia International Airport. The Property offers unparalleled proximity to the shipping infrastructure and population hubs of the city of Philadelphia and its immediate suburbs. This site is truly defined as a mission critical, last-mile development site along the primary distribution corridor on the Eastern seaboard.

 

The Property currently serves as the headquarters for Piasecki Aircraft Corporation, a research and development business specializing in the design, fabrication and flight testing of experimental rotorcraft and unmanned air vehicles. The company uses this facility for their research and development.

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Investment Highlights

  • I-95 Corridor Development Opportunity
  • Core Urban In-Fill Location
  • Proximity to Northeast Population Centers
  • Sustained Tenant Demand
  • Leasing Velocity
  • Unparalleled Access to Labor
  • Opportunity for Cold Storage Development

Property Overview

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Address
519 W 2nd Street, Essington, PA
Acreage
41.89 Acres
Potential Building Size
296,000 SF
Building Dimensions
740' x 400'
Loading Format
Cross-Dock
Zoning
Heavy Industrial (Tinicum Township, PA)
Maximum Building Height
100'
519 W 2nd StEssington, PA 19029

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Listing provided by Revere CRE