Binswanger Sells Transformative 66-Acre Industrial Property
Binswanger Selected for Exclusive Sale of 66-Acre Site
Binswanger, a global leader in commercial and industrial real estate, has been appointed as the exclusive agent for the sale of a significant 66-acre site located at 900 Conshohocken Road, featuring over 1 million square feet of existing industrial infrastructure. This unique opportunity along a key waterway highlights the remarkable potential for redevelopment in the region.
Strategic Location for Development
This expansive property is zoned Heavy Industrial (HI) and offers exceptional features including direct rail access, an on-site substation, and several high-capacity cranes. Its strategic positioning makes it perfect for prospective investors looking to venture into advanced manufacturing, logistics, data centers, or large-scale mixed-use redevelopment.
Access and Connectivity
Situated less than 10 miles from the heart of a major city, the site's location ensures easy accessibility to key highways, ensuring smooth transit for goods and services. Close connectivity to Interstates 76, 276, 476, as well as Route 202 and Route 422, strengthens its appeal within the bustling Conshohocken-King of Prussia-Plymouth Meeting submarket.
Unique Selling Proposition
According to Binswanger's Chris Pennington, who is at the forefront of this endeavor, the site provides unmatched visibility and connectivity in one of the state's most competitive industrial markets. His enthusiasm for the property reflects the excitement surrounding its potential for redevelopment and reinvention, particularly for manufacturers and developers alike. "We are eager to help the seller find the right buyer who can maximize the site's potential," Pennington stated.
Bidding Process Overview
Interested parties will partake in a sealed bid process, allowing the seller to evaluate bids based on multiple criteria, including price, contingencies, and proposed timelines. This process is structured to ensure that all bids meet the specified submission criteria detailed in the Offering Memorandum, ensuring a transparent and efficient sale.
About Binswanger
Founded in 1931 by real estate innovator Frank Binswanger Sr., Binswanger is dedicated to providing specialized real estate advisory services. With a focus on industrial and technologically challenged properties, the employee-owned firm employs innovative solutions that strengthen businesses while transforming communities across the globe. Their wealth of experience positions them as a trusted partner in navigating complex real estate transactions.
Contact Information
For more information about the 66-acre site at 900 Conshohocken Road, potential bidders and interested parties are encouraged to reach out to Binswanger. Media inquiries can be directed to Nicole Finkbiner, a key contact within the firm, at 215.448.6070.
Frequently Asked Questions
What is the size of the industrial site being sold?
The site at 900 Conshohocken Road spans 66 acres, providing ample space for various development opportunities.
What kind of infrastructure is available at the property?
The site includes over 1 million square feet of existing industrial infrastructure, rail access, and heavy-capacity cranes.
Who is leading the sale of the property?
Chris Pennington and Tim Pennington from Binswanger are overseeing the sales process for this property.
How will bids for the property be evaluated?
Bids will be assessed based on offer price, buyer track record, contingencies, and closing timelines.
What opportunities does the site offer?
The site is well-suited for advanced manufacturing, logistics, data centers, and large-scale mixed-use redevelopment projects.
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