Newmark, as exclusive representative, is pleased to present the opportunity to acquire the Montgomery County Small Bay Industrial Portfolio (the “Properties”). The property represents an extraordinary opportunity for an investor to acquire a well-positioned, 290,000 SF small-bay Industrial portfolio within two critical masses of properties located in North Wales and Huntingdon Valley. Just outside the city of Philadelphia, the offering features a stabilized, and cash flowing multi-tenant portfolio in a low vacancy “high barrier of entry” submarket such as the Montgomery County Industrial Submarket.
The portfolio offers a diverse, high quality tenant roster in-place with 4.0 years WALT. A chronic undersupply of small and functional small-bay space within the Greater Philadelphia marketplace, alongside continued strength of labor/location has manifested in unprecedented leasing volume. The portfolio consists of $13.16/ PSF WARR, providing incoming investors ample room to execute with an embedded 15% mark-to-market strategy.
This portfolio provides a strategic advantage for investors given its proximity to the infrastructure and population bases of the Philadelphia MSA, these locations are truly defined as final mile and logistics oriented. Urban areas have become of critical importance for e-commerce and retail supply chain configurations with today’s consumers frequently requiring expedited delivery. Demand for infill space with has reached historical highs, as opportunities remain scare.
THE MONTGOMERY COUNTY SMALL-BAY INDUSTRIAL PORTFOLIO offers investors a unique opportunity to acquire a critical mass of highly stabilized cash flowing, small-bay industrial asserts with embedded mark-to-market capabilities.