2955 State Road

Jones Lang LaSalle Americas, Inc. (“JLL”), as exclusive advisor to ownership, is pleased to present for sale 2955 State Road in Croydon, Pennsylvania (the “Property”). 2955 State Road is a 200,037 square foot warehouse / distribution facility situated on 9.87 acres. The Property is situated in the heart of the Bucks County industrial submarket, just 2.7 miles off of I-95 (Delaware Expressway) and presents the opportunity to acquire a newly renovated, fully leased industrial facility situated in an irreplaceable urban infill location.

2955 State Road recently underwent a full renovation in 2022 including new warehouse lighting, whiteboxing, repaving, roof replacement (2023), power upgrades and interior / exterior cosmetic upgrades and combines a highly functional building design at a premier distribution location. The Property is currently fully leased to Philadelphia based 3PL, Jillamy through November 2028 with 4.00% contractual escalations. Jillamy operates this facility on behalf of several accounts, including a paper-centric operation and utilizes the active rail service at the Property through ConRail.