Colliers has completed the sale of an industrial facility at 2501 Grant Avenue in Northeast Philadelphia, advancing the trading of well-located distribution assets in the submarket. The property comprises 119,728 square feet of industrial space on a 5.96-acre site, positioning it as a sizable single-tenant asset with scale for both showroom and warehouse operations.
The buyer, 2361-2371 Welsh Acquisitions LLC, acquired the property from Grant Equities LLC. Colliers Vice Chair Rich Gorodesky, SIOR, and Vice President Adam Gorodesky, CCIM, represented the seller in the disposition, providing investment sales advisory and marketing the asset to prospective purchasers focused on income-producing industrial real estate.
The building at 2501 Grant Avenue is occupied by AAA Distributors, LLC, a Philadelphia-founded distributor of kitchen, bath, door and flooring products. The facility functions as AAA Distributors’ primary showroom and main warehousing and distribution hub, supporting both the company’s retail activity and its broader logistics requirements. This single-tenant, operationally critical location underpins the real estate’s income profile.
Located in Northeast Philadelphia with immediate connectivity to Route 1 and Interstate 95, the property offers distribution efficiencies and access to regional transportation corridors. These locational attributes, combined with the tenant’s established operating history, were described as contributing to a stable, long-term income opportunity for investors seeking industrial exposure.
Colliers’ advisory team highlighted that their strategy centered on adjusting the lease structure and repositioning 2501 Grant Avenue as a long-term net-leased investment. By refining the lease profile and presenting the asset as a net-lease opportunity, the team reported that they enhanced marketability and broadened the range of potential buyers. The execution culminated in a completed sale that aligned with the seller’s disposition objectives while delivering a stabilized cash-flowing asset to the buyer.
The transaction underscores ongoing interest in well-located industrial properties in Northeast Philadelphia, particularly those backed by established tenants that rely on the facility for core showroom, warehousing and distribution functions. With modern logistics continuing to prioritize access to major highways and population centers, assets like 2501 Grant Avenue remain sought after by investors pursuing durable income streams from the industrial sector.
