{"id":1004814446,"date":"2026-10-06T05:36:21","date_gmt":"2026-10-06T13:36:21","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004814446"},"modified":"2026-10-06T05:36:23","modified_gmt":"2026-10-06T13:36:23","slug":"exclusive-link-logistics-gets-53m-for-philly-area-asset","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/exclusive-link-logistics-gets-53m-for-philly-area-asset\/","title":{"rendered":"Exclusive: Link Logistics Gets $53M for Philly-Area Asset"},"content":{"rendered":"\n<p><\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"alignright size-full is-resized\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/10\/image_5dea7d-edited.png\"><img loading=\"lazy\" decoding=\"async\" width=\"640\" height=\"480\" data-attachment-id=\"1004814451\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/image-125\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/10\/image_5dea7d-edited.png\" data-orig-size=\"640,480\" 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;0&quot;}\" data-image-title=\"100 Crossings Drive in Bristol, Pa.\" data-image-description=\"&lt;p&gt;Image courtesy of Yardi Matrix.&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;The property came online in 2004.&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/10\/image_5dea7d-edited.png?w=640\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/10\/image_5dea7d-edited.png\" alt=\"Exterior shot of a 281,600-square-foot industrial asset at 100 Crossings Drive in Bristol, Pa. \" class=\"wp-image-1004814451\" style=\"width:400px\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/10\/image_5dea7d-edited.png 640w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/10\/image_5dea7d-edited.png?resize=300,225 300w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/a><figcaption class=\"wp-element-caption\">The building at 100 Crossings Drive became the buyer&#8217;s sole Philadelphia-area industrial asset following the sale. <br><em>Image courtesy of Yardi Matrix<\/em><\/figcaption><\/figure><\/div>\n\n\n<p>Link Logistics has sold a 281,600-square-foot industrial asset at 100 Crossings Drive in Bristol, Pa. Westcore Properties purchased the property for $52.7 million, according to Yardi Matrix information. This became the buyer&#8217;s sole metro Philadelphia industrial asset upon closing. The Hartford Financial Services Group aided the transaction by issuing a $30 million acquisition loan.<\/p>\n\n\n\n<p>Link Logistics had previously purchased the asset in 2019 from DigitalBridge, in a portfolio transaction which encompassed 465 properties totaling 60 million square feet of office and industrial space. The portfolio changed hands for $5.9 billion.<\/p>\n\n\n\n<p>Link Logistics sold another industrial asset in metro Philadelphia, in the second quarter of 2026. The company received $43 million from Stoltz Real Estate Partners for a 300,000-square-foot property at 2359 Center Square Road, in Swedesboro, N.J.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity has-very-light-gray-to-cyan-bluish-gray-gradient-background has-background is-style-wide\"\/>\n\n\n\n<p><strong>READ ALSO: <\/strong><a href=\"https:\/\/www.commercialsearch.com\/news\/if-ai-becomes-the-shopper-whats-next-for-industrial\/\">If AI Becomes the Shopper, What\u2019s Next for Industrial?<\/a><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity has-very-light-gray-to-cyan-bluish-gray-gradient-background has-background is-style-wide\"\/>\n\n\n\n<p>The industrial building on Crossings Drive came online in 2004 on a 27-acre site. It features two grade-level loading doors and 44 dock-high doors, as well as 30-foot clear heights. The property also includes a 308-spot grade-level parking area.<\/p>\n\n\n\n<p>Just off Interstate 95, the industrial center is 22 miles northeast of Philadelphia&#8217;s Center City and some 28 miles northwest of the Joint Base McGuire-Dix-Lakehurst military base. Other major thoroughfares in the area include Interstate 295, U.S. Route 13 and Pennsylvania State Route 413.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-philly-industrial-market-cashes-in-golden-ticket\">Philly industrial market cashes in golden ticket<\/h2>\n\n\n\n<p>Philadelphia&#8217;s total industrial sales volume went up from an already solid $960 million year-to-date through May to a hefty $1.5 billion across the first three quarters, far outpacing last year&#8217;s activity. Year-to-date through September, assets changed hands at an average price of $142 per square foot, according to the <a href=\"https:\/\/www.commercialsearch.com\/news\/industrial-report-industrial-market-moves-closer-to-balance\/\">latest Yardi Matrix industrial report<\/a>. The figure is slightly above the national $138, but below those recorded by peer markets such as the Inland Empire ($161) and Phoenix ($163).<\/p>\n\n\n\n<p>Noteworthy deals include Corebridge Real Estate Investors and Kadima Industrial Partners&#8217; <a href=\"https:\/\/www.commercialsearch.com\/news\/corebridge-jv-sells-840-ksf-industrial-portfolio\/\">sale of a 12-propety infill industrial portfolio<\/a> in New Jersey last month, to L&amp;B Realty Advisors. Recent <a href=\"https:\/\/www.commercialsearch.com\/news\/whats-next-for-industrial-real-estate\/\">industrial real estate market trends<\/a> single out infill assets as a key part of the sector&#8217;s future, standing at the intersection of much-desired property features driving demand, such as distribution efficiency, power availability, functionality and supply-chain resilience.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>This comes just months after another disposition in the area.<\/p>\n","protected":false},"author":3619,"featured_media":1004814451,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21748,21783,11,21742,1494],"tags":[40128,51531,34163],"class_list":["post-1004814446","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industrial","category-investment","category-midatlantic","category-latest","category-philadelphia","tag-hartford-investment-management-company","tag-link-logistics","tag-westcore-properties"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - 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