| Time | Activity |
|---|---|
| 8:00 AM - 9:00 AM |
Pre-Event Networking & Breakfast
|
| 9:00 AM - 9:30 AM |
Fireside Chat: Revitalizing Iconic Industrial Space
A Panel Discussion with Velocity Venture Partners on Tenant Attraction at 60 Portland Road and Beyond
|
| 9:30 AM - 10:15 AM |
Acquisitions & Investments: Strategies for Navigating the Industrial Market
Analyzing and Identifying Preferred Submarkets in Philadelphia that Currently Capture Investors' Interest
|
| 10:15 AM - 10:30 AM |
Networking & Coffee Break
|
| 10:30 AM - 11:15 AM |
Tech-Forward Leasing: Navigating the Future with AI and Technology
Experience the transformation of logistics through the integration of AI, technology, and innovative amenities
|
| 11:15 AM - 12:00 PM |
Building For The User: Development & Design Strategies for Today’s Tenants
Analysis of the Spec, Build-To-Suit, Multistory and Taller Clear Height Demands Present in the Market
|
| 12:00 PM - 12:30 PM |
Post-Event Networking
|
60 Portland Road, Conshohocken PA is a 56,000 square foot industrial asset – known throughout the region as the iconic “Oldies” building. Velocity Venture Partners – one of the region’s leading industrial real estate buyers – finalized the purchase of the asset in March of 2023 after a five-year pursuit. The seller previously operated his “Oldies.com” business out of the site and was historically resistant to a sale. The acquisition fits Velocity’s brand well – a high touch, complex sale from a local operator, where a significant investment of time is required to get a deal across the finish line.
Situated in one of the densest municipalities in Montgomery County Pennsylvania, the property is located just minutes from the Blue Route/Conshohocken Interchange of I-476 and easily accessible to the skilled employment hubs of our region. 60 Portland Road provides a central location for access to several other major transportation thoroughfares including Route 76 (2.0 miles) and Route 276 (6.0 miles). The asset features irreplaceable frontage and visibility along Interstate 476, making it a prime location for distribution or manufacturing users who require high visibility and proximity to major transportation corridors. The warehouse portion of the building is fully climate controlled and boasts 26’ clear heights & existing loading that is expandable.
Upon purchasing the site, Velocity immediately kicked off the firm’s standard whitebox process to prepare the availability for marketing. This allows prospective tenants to more easily visualize their operation at the site as well as decrease our downtime as the units are effectively move-in-ready. The building is immediately available, and Velocity is looking forward to welcoming a new long-term tenant to this iconic property.
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