An 11.4-acre industrial property in Southwest Philadelphia near the planned Bellwether District was recently purchased for $35 million by an entity affiliated with Hilco Redevelopment Partners, the company behind the ambitious project.
The nearly 70,000-square-foot warehouse at 1600 S. Warfield St. sits just north of the edge of the former Philadelphia Energy Solutions refinery site, which altogether spans 1,300 acres and shuttered after an explosion and massive fire at the site in June 2019.
Property records show HRP also recently paid $1.5 million for an adjacent parcel at 3433 Moore St., which shares the same lot as 1600 S. Warfield St. The property spans 1.5 acres.
*Article courtesy of Philadelphia Business Journal
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