E-Commerce Delivery Firm Secures Entire Philly Industrial Building

E-Commerce Delivery Firm Secures Entire Philly Industrial Building

Veho, a delivery firm serving e-commerce companies, has leased 148,611 square feet at 4501 Richmond St. in Philadelphia. The one-story distribution center, part of Bridge Point Industrial Park, was completed in April and is owned by Bridge Industrial, which acquired the site in 2022 for $24 million after environmental remediation. Previously, the property was used for gas manufacturing in the 1920s and steelmaking from 1929 to 1982. Veho signed the lease in June and plans to move in on Oct. 1. Bridge Industrial operates across major U.S. markets and internationally.

*Article courtesy of Costar

Wolf Commercial Real Estate, a full-service CORFAC International brokerage and advisory firm, is a premier Philadelphia commercial real estate broker that provides a full range of commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other  commercial properties for buyers, tenants, investors and sellers. Please visit our website for a full listing of Philadelphia commercial properties for lease or sale through our commercial real estate brokerage firm.