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 »
The founders of Philly Pretzel Factory have purchased a 31,000-square-foot warehouse on 2.5 acres next to the company’s Bucks County headquarters in Bensalem. CEO Dan DiZio and co-founder Len Lehman, along with other investors under Pretzel 98 LLC, acquired the property at 1824 Byberry Road for $4.3 million earlier this month. Philly Pretzel Factory’s 25,000-square-foot… Read more »
Stateside Vodka is moving its longstanding Philadelphia headquarters to a new location, expanding its operations space by 900%. The Olde Kensington distiller has secured a long-term lease for a 40,000-square-foot building in Northeast Philadelphia. This space is being developed by real estate investment firm East Capital Partners, according to CEO Clement Pappas in an interview… Read more »
