REBusinessOnline

Colliers Negotiates 200,000 SF Industrial Lease in Philadelphia

PHILADELPHIA — Colliers International has negotiated a 200,000-square-foot industrial lease at 7601 State Road in northeast Philadelphia for JAKO Enterprises, an urban footwear and apparel company. According to LoopNet Inc., the property was built in 1968 on 8.3 acres and offers proximity to I-95. JAKO Enterprises will relocate its regional warehousing and distribution operations from 12000 Roosevelt Blvd., a site that formerly served as a baking facility for Nabisco. Richard Gorodesky of Colliers represented JAKO Enterprises, which operates 64 stores throughout the mid-Atlantic region, in the lease negotiations. Pennsylvania-based Roddy Inc. represented the undisclosed landlord.

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