Become a GlobeSt influencer! Learn about our latest recognition opportunities highlighting the individuals, firms and teams changing the commercial real estate landscape.
Philadelphia's original leading source for commercial real estate news, analysis, trends, events and resources in office, industrial, retail, multifamily, hotel, healthcare and net lease property sectors.
The new location satisfies F&S Produce's manufacturing needs and cuts six months from the company's original expansion plan of building another facility in Cumberland County, NJ, to increase its production capacity.
The transaction represents the largest portfolio of industrial real estate that has traded in Northeastern Pennsylvania in several years, according to Gerard J. Blinebury, executive director with Cushman & Wakefield's Industrial Advisory Group
In the Lehigh Valley, 1.5 million square feet of speculative construction added during the third quarter remained largely vacant, says Jared Jacobs, Cushman & Wakefield's Philadelphia research manager.
“The renovations will modernize the facility, and the renewable energy solar project will reduce the carbon footprint while converting the property into a sustainable facility,” says Sky Management's Alex Dembitzer.
Tryko Partners invested $3.6 million in an innovative, high-tech security initiative in conjunction with the Camden Police Department; a playground; updated lighting, landscaping and sidewalks.