6200 Bristol Pike
![6200-Bristol-Pike-main](https://cdn.jpmorganfunds.com/content/dam/jpm-am-aem/americas/us/en/images/reits-images/6200-Bristol-Pike-main.png)
Investment Thesis:
Investment provides JPMREIT with stable cashflow backed by Amazon
Stability of long-term Amazon lease allows for yield enhancement in other parts of the portfolio
Supply constrained: Truck terminals are unpopular with municipal planners creating supply constraints
Long-term upside: Current lease is below-market and zoning allows the option for warehouse to be built on the property
Facility enables last-mile distribution in high population density area
Property Type
Industrial Outdoor Storage
Market
Philadelphia
Investment Date
October 2022
Size
9.7 acres
Purchase Price
$19.5M
![jpmreit-portfolio-6200-bristol-pike-2](https://cdn.jpmorganfunds.com/content/dam/jpm-am-aem/americas/us/en/images/reits-images/jpmreit-portfolio-6200-bristol-pike-2.png)
![jpmreit-portfolio-6200-bristol-pike-3](https://cdn.jpmorganfunds.com/content/dam/jpm-am-aem/americas/us/en/images/reits-images/jpmreit-portfolio-6200-bristol-pike-3.png)
![jpmreit-portfolio-6200-bristol-pike-4](https://cdn.jpmorganfunds.com/content/dam/jpm-am-aem/americas/us/en/images/reits-images/jpmreit-portfolio-6200-bristol-pike-4.png)
Source: JPMAM. Assumptions are based upon available data at time of closing. All models and projections are subject to change and non-binding. Any forecasts, figures, opinions, views and investment techniques, unless otherwise stated, are those of the investment manager/adviser at the time of this document. They are considered to be accurate at the time of writing, but no warranty of accuracy is given and no liability in respect of any error or omission is accepted. They may be subject to change. Past performance is not a reliable indicator of current and future results. All statistics are intentionally as of the closing date unless otherwise noted and in local currency.