Mission Critical Group is expanding its manufacturing footprint in Southeastern Pennsylvania. As part of that growth, the Texas-based company has leased a 266,000-square-foot facility in Harleysville. The company will occupy the entire building at 1600 Delp Drive. Completed in 2025, the facility was developed on a speculative basis by High Street Logistics Properties. Rather than… Read more »
Construction is underway on DrinkPak’s new East Coast manufacturing facility in Philadelphia. The project follows one of the largest industrial lease transactions ever completed in the region. The California-based beverage manufacturer signed a lease for approximately 1.4 million square feet. As a result, the facility will become a cornerstone of the Bellwether District redevelopment. Located… Read more »
The South Philadelphia headquarters occupied by Tastykake has changed ownership following an $87 million transaction. As a result, another major industrial investment sale has closed in the Philadelphia market. The 345,500-square-foot property is located at 4300 South 26th Street. The building was sold by Prologis to an entity affiliated with Bridge Investment Group. The sale… Read more »
A full-building lease has been secured at South Penn Logistics Center in Morrisville, further reinforcing demand for modern logistics space in the region. Exol, a California-based AI-powered fulfillment company formerly known as GreenBox, has signed a lease for the entire 973,200-square-foot facility. The property is located at 2300 South Pennsylvania Avenue and was recently developed… Read more »
A large-scale industrial project is gaining attention in Delaware County. A Dallas-based developer plans a major logistics center in Darby Township. Stream Realty Partners has proposed a 1.3-million-square-foot logistics development on a 106-acre site. The firm submitted plans to the Delaware County Planning Commission, where the project was recently reviewed. Township approval remains the next… Read more »
Industrial sublease availability continues to rise entering 2026. As a result, sublease listings now represent a multi-decade high share of available industrial space. Currently, about 65.5 million square feet of industrial space is being marketed nationwide. Of that total, roughly 5.2 million square feet is being offered as sublease space. Meanwhile, approximately 60.3 million square… Read more »
Automated warehouse company Exol signed a 973,200-square-foot industrial lease in Bucks County. The deal ranks among the largest leases in the Philadelphia region in recent years. The lease fully occupies the South Penn Logistics Center at 2300 S. Pennsylvania Avenue in Morrisville. Chicago-based Logistics Property Co. completed the building last year. The property sits along… Read more »
Amazon.com Inc. plans to demolish a vacant office building in King of Prussia, Pennsylvania. The company will replace it with a 99,300-square-foot warehouse. The facility is planned for 760 Moore Road, just off West Valley Forge Road. The site sits near Route 422, I-276, and I-76, offering strong regional access. The warehouse will serve as… Read more »
The Philadelphia region’s largest industrial lease of 2025 was recently announced at South Philadelphia’s Bellwether District. DrinkPak officially became the project’s first anchor tenant. The Santa Clarita-based canned beverage manufacturer signed a lease for 1.4 million square feet. The build-to-suit facility is expected to be completed by early 2027. Construction is scheduled to begin in… Read more »
A recently developed logistics center in central Pennsylvania has been acquired by a Swedish investment group. Specifically, EQT Real Estate announced that its Industrial Core-Plus Fund IV acquired the approximately 809,000-square-foot distribution center at 8032 State Route 183 in Bernville. The property, known as I-78 Commerce Center, was purchased from Atlanta-based Core5 Industrial Partners. The… Read more »
