Canyon Partners Real Estate has jointly provided a $156 million loan with J.P. Morgan for the refinancing and lease-up of Bridge Point Philadelphia, a recently built, two-building, class A industrial property located in Philadelphia, Pennsylvania, owned and operated by Bridge Industrial. The transaction was facilitated by CBRE Group.
Delivered in 2024, Bridge Point Philadelphia comprises two buildings totaling 889,300 square feet. The property features modern specifications designed to meet the evolving needs of logistics and distribution users, including efficient rear-load and cross-dock configurations, excess trailer parking, and multi-tenant adaptability.
The property benefits from being in an infill location seven miles northeast of downtown Philadelphia, two miles from the Port of Philadelphia, and in proximity to the Philadelphia International Airport. Given Philadelphia's position among the top ten industrial markets in the United States, the region is also hom
