Greek Development has expanded its footprint to Philadelphia, with plans to build nearly 300,000 square feet of new industrial space, after one of several recent acquisitions and as part of a development pipeline that currently calls for more than 2.5 million square feet.
The East Brunswick-based firm is pursuing approvals for the planned 287,000-square-foot facility at 2121 Wheatsheaf Lane, some five miles from Center City and at the base of the Betsy Ross Bridge. The building, which would have 40-foot clear ceiling heights, would redevelop the site of a 305,706-square-foot warehouse, which the company acquired in spring 2021 for $31.5 million.
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