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In this exclusive panel podcast, panelists say high construction costs and regulatory requirements make affordable housing in Philadelphia for anything other than rental properties all but, well, unaffordable.
Most in industrial development expect continued growth in e-commerce, but the market for Sheldon Distribution Center is likely to be very traditional users of distribution space such as building suppliers.
The REIT states that the 330,000-square-foot first phase of the 102-acre mixed-use development opens today at 93% leased. Some of its major tenants include: TJ Maxx, Hobby Lobby, Ulta, Lucky's Market, BrandsMart, Five Below, Starbucks and YouFit Health Club.