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 late December.

Notably, the Bellwether District site was selected over approximately 40 competing locations. The decision brings significant momentum to Philadelphia’s industrial market.

At the same time, the region has experienced rising vacancy. Industrial vacancy reached 8.7 percent during the third quarter, according to Colliers. New construction has slowed following pandemic-driven e-commerce expansion.

Against that backdrop, the DrinkPak lease signals renewed confidence. The facility will become Philadelphia’s largest warehouse and the region’s third largest overall.

In addition, DrinkPak has committed to invest $195 million in equipment and building upgrades. The project is expected to create 174 new jobs within three years.

*Article courtesy of  Philadelphia Business Journal

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