Veho, a third-party logistics company specializing in last-mile delivery, has leased a 148,611-square-foot industrial building at 4501 Richmond St. in Northeast Philadelphia. This deal marks the first lease in the local portfolio of Chicago-based developer Bridge Industrial, which also completed an adjacent 741,701-square-foot facility. Both buildings, located in the Bridesburg neighborhood along the Delaware River near the Betsy Ross Bridge, were finished in March. No tenant has been secured yet for the larger property, and Veho’s lease spans ‘a few years,’ according to Bridge Industrial’s Director of Investments, Connor Milanaik.

*Article courtesy of Philadelphia Business Journal

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