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 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 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 has sold the Sophi Logistics Center, a 283,500-square-foot property in Philadelphia.
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 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, 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 secured plans for residential, office, and retail components for this ~300,000 SF project.
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 partners with NYC hedge fund to acquire note and secure title in deed-in-lieu-of-foreclosure transaction.
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.
Plans call for Class A offices, boutique retail space and luxury apartment rentals on Kane Concourse in partnership with Northwood Ravin.
Real estate investment firm Wharton Equity Partners announced today that it has hired Ronald Uretta as Chief Operating Officer.
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.
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.
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, 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 announced today that Patton Warehousing & Logistics has signed a lease at a Wharton-owned facility in Hazleton, Pennsylvania.
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 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 announces the sale of Cedar Pointe, a 210-unit multifamily property located in Antioch, TN; Achieves over 50% IRR.
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.
Amazon Same-Day Delivery is Massive Opportunity for Industrial Investors, according to Wharton Equity’s Peter C. Lewis
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.
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.
Seeking to capitalize on shifts in distribution/logistics brought on by the rise of e-commerce, Wharton Equity announces the launch of its industrial platform, Wharton Industrial, with 1 million SF spec warehouse development in Atlanta, GA., in partnership with $8 billion fund.
Wharton Residential announces the acquisition of Cedar Pointe, a 210-unit multifamily property located in Antioch, TN.
Peter C. Lewis, Founder and Chairman of Wharton Equity Partners, was a guest lecturer at the Columbia Business School where he presented in front of two real estate finance classes on the topic of the “Future of Real Estate.”