NKF Represents Seller in 13± Acre Land Sale of 7777 State Road, Philadelphia

Wayne, PA (September 14, 2017) — Newmark Knight Frank (NKF) is pleased to announce it has completed the $1,500,000 land sale of 7777 State Road in Philadelphia. Located along the State Road industrial corridor, the 13± acre site is adjacent to the Delaware River, and is between the Cottman Avenue and Academy Road interchanges of I-95. Neil Shupak and Justin Bell of NKF’s Wayne, PA Industrial team represented the seller, Wilson State, LLC in the land sale.

The new owner plans to use the site to expand its scrap metal processing, recycling and shipping activities. A legislation to change the zoning of 7777 State Road from mixed-use to the newly proposed use of industrial build to suit was recently introduced by the City Councilman.

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