Plymouth Meeting, PA – January 8, 2025 – The NJ-73 corridor is set to welcome a new industrial development with the recent acquisition of a fully entitled 25-acre land site at 7 Waterford Road. PNK Holdings, LLC acquired the site from Quad Partners, LLC in a $8.2 million transaction that closed on December 3, 2024. This development is designed to support warehouse distribution and light manufacturing with the sale marking a significant milestone for the region's industrial market.

Located along NJ-73 and minutes from the AC Expressway, the site is fully approved to build a 280,800-square-foot industrial facility. PNK Holdings, LLC will begin construction in early 2025, incorporating modern infrastructure with high clear heights, excess trailer parking, and significant water, sewer, and power capacities.

The seller was represented by the team at Lee & Associates of Eastern Pennsylvania LLC, including Tony Rod, SIOR, Andrew Landolfi, and Sean Campbell.

 

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Lee & Associates of Eastern Pennsylvania LLC is a leading commercial brokerage and asset service provider in the Greater Philadelphia Region, specializing in industrial, office, retail, land, and investment sectors. With offices in Central PA, Suburban Philadelphia, and an expansion to Western Pennsylvania in 2023, they influence the market across multiple areas, including Lehigh Valley, Central PA, Northeastern PA, Philadelphia, Southern New Jersey, and Delaware. As part of the national Lee & Associates network since 2015, they offer expert guidance in buying, selling, and leasing commercial properties and property management. Their team is committed to maximizing returns and providing tailored strategies to meet clients' occupancy and financial goals. Known for their reliability, responsiveness, and effective communication.

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