Dalfen Industrial Expands with Acquisition of Warehouse Near Philadelphia
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Dalfen Industrial has completed the acquisition of a 219,123-square-foot, Class A industrial facility in Lumberton, a suburb of Philadelphia.
Located in Burlington County, the Class A front-parked, rear-load property was completed in 2023 and features modern specifications. Dalfen will begin construction of a 2,500-square-foot office within the building, which features notable neighbors, including Amazon, CVS, Ikea, Target, NFI, and Grainger.
The property benefits from its proximity to Route 206, providing connectivity to the PA Turnpike and efficient drivetimes to Philadelphia, Port of New York & New Jersey and New York City.
“We’re pleased to add this building to our growing Northeast portfolio,” said Keith Hontz, Northeast Market Officer for Dalfen Industrial. “The building’s functionality, 40’ clear height and demisability offers cubic storage efficiencies and caters to tenants of all sizes, providing flexibility to effectuate our business plan, and aligns with our focus on last-mile properties in Central and Northern New Jersey.”
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December 21, 2024
December 21, 2024
December 21, 2024