Main Line Equity Partners Purchases 10+ Acre Industrial Warehouse in Northeast Philadelphia
Private equity firm expands its real estate portfolio
Main Line Equity Partners, a Philadelphia based private equity firm, has expanded its real estate holdings by completing the acquisition of a 10+ acre 210,000 square feet industrial warehouse in Northeast Philadelphia (1100 West Luzerne Street, Philadelphia, Pennsylvania 19140).
Founder and Managing Partner, Chris Randazzo, added, “We believe in the long term value of this asset with our increased reliance on regional and last mile distribution trends in the Philadelphia area. In addition to its current use, we believe this property has excellent future commercial uses as warehouse space continues to be in short supply.”
For more news and information regarding Main Line Equity Partners, please visit the company’s website at https://mainlineequity.com.
About Main Line Equity Partners
Leveraging broad skill sets, domain expertise, and capital through our Alternative Asset Fund I, Main Line Equity Partners makes strategic equity and debt investments in companies ready to transition their business or partner for the next stage of growth. We invest in growth companies that maintain profitability and generate under $20 million in revenue. Our portfolio companies have consistently increased their market share and accelerated their earnings growth. Our debt financing offering provides asset, revenue, and cash flow-based funding to small businesses that often struggle to secure loans from traditional banks. Funding. Flexibility. Forward Thinking. Follow us on LinkedIn.