Philadelphia Cold Storage Portfolio
Industrial | 48,623 SqFt
Marketing description
Marcus & Millichap is proud to present the opportunity to acquire a two-building cold storage industrial portfolio located at 186 West Loudon Street and 185 West Wyoming Street in Philadelphia, PA. The properties are being offered together as a vacant portfolio, providing investors and owner-users with immediate flexibility to lease, occupy, or reposition the assets to maximize value.
Both assets are uniquely outfitted for cold storage use, a highly sought-after and supply-constrained asset class within the Philadelphia industrial market. 186 West Loudon Street features multiple temperature-controlled units, including three refrigeration units and two freezer units, supporting a wide range of cold storage and food distribution uses. 185 West Wyoming Street complements the portfolio with a large-format refrigerated storage unit, ideal for bulk storage or single-user operations.
The vacancy of both properties allows for immediate mark-to-market leasing, user occupancy, or strategic repositioning in a market where demand for specialized industrial product—particularly cold storage—continues to outpace supply. This portfolio is well-positioned to capitalize on the growing need for food logistics, pharmaceutical storage, and last-mile cold chain distribution within the Philadelphia MSA.
Investment highlights
- Rare Cold Storage Infrastructure
- Value-Add Through Lease-Up
- Flexible Owner-User Opportunity
- Strong Industrial Market Fundamentals
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