Wharton Industrial Sells 277,500 SF Warehouse in East Windsor, CT
A 277,552-square-foot East Windsor, Connecticut warehouse hosting BlueTriton Brands Inc. recently sold for $24.17 million, nearly double what investors paid for the property a little more than a year ago.
Wharton Industrial Purchases 100-Acre Site in Mesa, AZ to Build $225 Million, 1.5 Million SF Industrial Park
Consistent with the firm’s philosophy of seeking fast-growing markets, Wharton Industrial is expanding its footprint into the Intermountain West region with substantial commitment of capital. Lender on the Mesa transaction is an affiliate of MSD Capital, the family office of Michael Dell.
Wharton Invests in $200M Series C Round of Automated Warehouse Tech Company
Wharton Venture Partners invests in Fabric — a leader in the automation of urban warehouses through the use of robotics and AI. WEV joins other investors in the Series C round, such as Temasek and CPP Investments, to fund the company’s buildout of a network of micro-fulfillment centers across major metropolitan areas in the United States to make fast delivery scalable and profitable for retailers.
Wharton Urban Sells 2 Million Square Foot Development Site in Downtown Miami for $46 Million
Wharton Urban acquired the property through a Deed-in-Lieu of Foreclosure for approximately $17 Million and processed land use plan.
Wharton Industrial Acquires a 1.1 Million SF Portfolio of 32 Last Mile Warehouses in Southern New Jersey
Off-market transaction provides control of over 30% of the investor-owned industrial real estate inventory in the Pennsauken, NJ market, which is 15 minutes from Philadelphia, PA.
Wharton Industrial Sells 283,500 SF Last-Mile Warehouse in Philadelphia, PA
Wharton Industrial has sold the Sophi Logistics Center, a 283,500-square-foot property in Philadelphia.
Wharton Residential Sells over $300 Million of its Multifamily Properties
Wharton Residential completes the sale of a 900-unit portfolio in Central Florida capping off recent sales of over $300 million of multifamily properties.
Wharton Industrial Sells 275k SF Warehouse in Connecticut at Nearly 2 Times Price Paid a Year Ago
Wharton Industrial sells 275k SF warehouse in Connecticut hosting bottled water company BlueTriton for $24.17 million
Wharton Industrial Acquires 2 Warehouses of over 300,000 SF in Philadelphia Region
Wharton Industrial, a platform of real estate investment firm Wharton Equity Partners, along with an institutional partner, announced today that it has acquired 2 more warehouses, one in Pennsauken, NJ and the other in Birdsboro, PA. The purchase prices of the properties were not disclosed.
Wharton Hospitality Sells Holiday Inn Express & Suites in Montrose, Colorado
Wharton Hospitality, an operating platform of real estate investment firm Wharton Equity Partners, announced today that they have sold the Holiday Inn Express & Suites in Montrose, Colorado.
Wharton Urban Sells ‘Eve at the District’ Apartment Tower in Miami, Fla.
Wharton Urban, an operating platform of real estate investment firm Wharton Equity Partners, announced today that they have sold the “Eve at the District”, a 500,000-square-foot, mixed-use project in Miami, Florida.
Wharton Industrial Announces $80 Million Sale of 1 Million SF Warehouse it co-Developed, Leased to Major Clothing Brand
Wharton Industrial announces they have sold their 1 million square foot development project in Atlanta, GA to Granite Real Estate Investment Trust for $80 million. The Property is fully-leased to PVH Corp., the company behind clothing brands including Calvin Klein and Tommy Hilfiger.
Wharton Urban Sells Bay Harbor Islands Development Site for $31.5M
Wharton Urban secured plans for residential, office, and retail components for this ~300,000 SF project.
Wharton Industrial Adds Two N.J. Industrial Portfolios to Growing Philadelphia-Area Holdings
Wharton Industrial, a platform of real estate investment firm Wharton Equity Partners, announced today that it has acquired six industrial properties in Southern New Jersey, located in Pennsauken, N.J. and Cherry Hill, N.J. The purchase prices were not disclosed.
Wharton Urban Gains Control of 2 Million Square Foot Development Site in Downtown Miami
Wharton Urban partners with NYC hedge fund to acquire note and secure title in deed-in-lieu-of-foreclosure transaction.
Wharton Industrial and Partners Sell 510,000 SF Florida Industrial Site
Wharton Industrial, a platform of real estate investment firm Wharton Equity Partners, announced today that it has sold its 510,000-square-foot industrial facility in Plant City, Florida, to an undisclosed institutional buyer.
Wharton Urban Finalizing Development Plan for 400,000 SF Mixed Used Project in Bay Harbor, Miami
Plans call for Class A offices, boutique retail space and luxury apartment rentals on Kane Concourse in partnership with Northwood Ravin.
Wharton Equity Partners Hires Ronald Uretta as COO to Guide Firm’s Continued Growth
Real estate investment firm Wharton Equity Partners announced today that it has hired Ronald Uretta as Chief Operating Officer.
Wharton Industrial Hires Two Key Professionals to Bolster its Northeast Acquisitions Activities
Wharton Industrial, a platform company of real estate investment firm Wharton Equity Partners, announced today that it has hired Scott X. Guo as Senior Vice President and Head of Acquisitions and Nick Aileo as Associate.
Wharton Equity’s Peter C. Lewis is Betting Big on South Jersey’s Industrial Market
The president and founder of New York-based real estate investment firm Wharton Equity Partners has owned everything from hotels and apartment buildings to self-storage facilities over the past few decades, but the shift currently hitting the industrial real estate world is unlike any he’s encountered.
Wharton Industrial Signs Lease for Entire 283,000 SF Last-Mile Warehouse in Philadelphia, PA
After an extensive repositioning, Wharton Industrial secured a 10-year lease with large e-commerce tenant to utilize for its same-day delivery service. Lease validates the firm’s vision for the former subway repair facility located adjacent to Center City. See video.
Wharton Industrial Closes Out Banner Year in 2020,with Deal Activity of Nearly $300 Million
Wharton Industrial, a leading investor and developer of warehouse and logistics properties, is pleased to announce the success of its portfolio in 2020, with deal activity totaling nearly $300 million.
Wharton Industrial Signs Warehousing & Logistics to 170,000 SF Lease in Hazleton, PA
Wharton Industrial announced today that Patton Warehousing & Logistics has signed a lease at a Wharton-owned facility in Hazleton, Pennsylvania.
Wharton Industrial Purchases Land for 600,000 SF Spec Warehouses, Greenville, SC
The transaction represents the first phase of a potential 5 million SF industrial project, and continues the firm’s focus on developing large scale properties, following on the heels of a 1 million SF warehouse / distribution facility which is under construction in Atlanta, GA.
Wharton Industrial Developing Florida Crossroads Logistics Center
Wharton Industrial announces that it has acquired a site for the development of a 617,046-square-foot distribution center in the Central Florida city of Ocala. The property is located at an I-75 intersection joining such neighbors as FedEx, AutoZone and Chewys.
Wharton Residential Sells Multi-Family Property in Nashville, TN; Achieves over 50% IRR
Wharton Residential announces the sale of Cedar Pointe, a 210-unit multifamily property located in Antioch, TN; Achieves over 50% IRR.
Wharton Hospitality Acquires Sheraton Miami Airport Hotel
Wharton Hospitality partners with NYC private equity fund and Hersha Hospitality on the acquisition of the 405-room hotel, the closest hotel to the Miami Airport, which is the closest lodging property to the Miami Airport. Full upgrade of guest rooms and public spaces planned.
Peter C. Lewis Keynote Speaker at CAPRE’s 2020 Industrial Real Estate Outlook Event
Amazon Same-Day Delivery is Massive Opportunity for Industrial Investors, according to Wharton Equity’s Peter C. Lewis
Wharton Industrial Announces 1 Million SF Spec Warehouse 100% Leased to Major Clothing Brand
Wharton Industrial announces they have leased their 1 Million square foot development project in Atlanta, GA to PVH Corp., the company behind clothing brands including Calvin Klein and Tommy Hilfiger.
Wharton Equity’s Peter Lewis Speaks at CAPRE’s Northern New Jersey and Gold Coast CRE Summit
New Jersey may be the Garden State, but lately, you could be forgiven for calling it the e-commerce state. No Garden State CRE summit is complete without a conversation about the latest in shipping and receiving goods from orders placed online. That’s why CAPRE’s Northern New Jersey and Gold Coast CRE Summit featured a presentation by Peter Lewis, Chairman and President of Wharton Equity Partners.