{"id":1004442283,"date":"2020-05-18T09:10:48","date_gmt":"2020-05-18T17:10:48","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004442283"},"modified":"2020-05-18T09:10:48","modified_gmt":"2020-05-18T17:10:48","slug":"philadelphia-industrial-property-trades-for-9m","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/philadelphia-industrial-property-trades-for-9m\/","title":{"rendered":"Philadelphia Industrial Property Trades for $9M"},"content":{"rendered":"<div id=\"attachment_1004444167\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/05\/3445-S.-Front-St.-e1589804050369.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004444167\" data-attachment-id=\"1004444167\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/philadelphia-industrial-property-trades-for-9m\/3445-s-front-st\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/05\/3445-S.-Front-St.-e1589804050369.jpg\" data-orig-size=\"867,650\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"3445 S. Front St.\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;3445 S. Front St. Image courtesy of JLL&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/05\/3445-S.-Front-St.-e1589804050369.jpg?w=867\" class=\"wp-image-1004444167 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/05\/3445-S.-Front-St.-e1589804050369.jpg\" alt=\"\" width=\"300\" height=\"225\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/05\/3445-S.-Front-St.-e1589804050369.jpg 867w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/05\/3445-S.-Front-St.-e1589804050369.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/05\/3445-S.-Front-St.-e1589804050369.jpg?resize=768,576 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004444167\" class=\"wp-caption-text\">3445 S. Front St. <em>Image courtesy of JLL<\/em><\/p><\/div>\n<p>The Hampshire Cos. has sold an 86,315-square-foot light industrial building in Philadelphia, Pa., for $8.7 million to Mountain Development Corp.&nbsp;<\/p>\n<p>The property includes clear heights ranging from 18 to 44 feet, 14 loading docks and 10 percent office finish. The building is fully leased to Ferguson Enterprises, a distributor of plumbing supplies.<\/p>\n<p>Located at&nbsp;3445-3535 S. Front St., on 5.7 acres, the facility is just off Interstate 95 and less than one mile from Interstate 76. The asset is two miles from the Philadelphia Navy Yard and one mile from a CSX rail yard.&nbsp;<\/p>\n<p>JLL Capital Markets represented the seller in the deal. The JLL team was led by Michael Oliver, Jose Cruz, Jordan Avanzato, Marc Duval, John Plower and Jenna Imperatore.&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Hampshire Cos. has sold the 86,315-square-foot property to Mountain Development Corp.<\/p>\n","protected":false},"author":868,"featured_media":1004444167,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21748,21783,10,1494],"tags":[32796,34745,35314],"class_list":["post-1004442283","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-industrial","category-investment","category-northeast","category-philadelphia","tag-jll","tag-mountain-development-corporation","tag-the-hampshire-companies"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - 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