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DH Property Holdings sells Philadelphia industrial logistics property
Transactions - OCTOBER 10, 2024

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DH Property Holdings sells Philadelphia industrial logistics property

by Denise Moose

DH Property Holdings announced it has sold 9801 Blue Grass Road, a 282,737-square-foot, state-of-the art, class A property in the Philadelphia metro area, to an undisclosed institutional equity group. Terms of the deal were not released.

Positioned off Interstate 95 in Philadelphia, 9801 Blue Grass Road is a 21-acre site that DHPH developed in 2022 with 54-foot clear heights, ESFR sprinklers, LED lighting, ample dock loading, as well as abundant car and trailer parking. It is 100-percent leased to The TJX Companies, the leading global off-price apparel and home fashions retailer, which has a large logistics presence in the area.

DH Property Holdings was represented by CRBE.

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