Industrial

Designed by internationally-recognized architectural firm Arquitectonica, One Island Park will generate more than $2.9 million in annual tax revenue to the city on a parcel that currently generates $10,500 a year in taxes.

Upon completion, the park will be the largest rail-served industrial mixed-use logistics park in the Midwest, and one of the largest in the country.

After a healthy start to the year, cargo volumes fell 16.6% in May year-over-year, and volumes are down 6% for the year.

As e-commerce and last mile logistics tenants continue to fuel a massive industrial space expansion, the location of Steelcase's buildings, access to employment and highways were big factors in choosing a site.

In a newly released report, CBRE ranks Pennsylvania, and specifically the Lehigh Valley as the sixth largest cold storage market in the country with 213.5 million square feet of inventory. The state of New Jersey came in at number 10 with an inventory of 136.7 million square feet.

GlobeSt.com and Real Estate Forum are pleased to announce the top 2019 Woman of Influence professionals of the year in the category of consultant and advisor.