In December 2020, DH Property Holdings bought 67 acres at 5000 Richmond St. in the Bridesburg section of Philadelphia and is now ready to move forward with a $120 million speculative development of two large warehouse-distribution buildings. One building will total 348,000 square feet and the other 411,0000 square feet, joining upwards of 15 million… Read more »
EQT Exeter has paid $7.65 million for 300 S. Gulph Road, a 43,376-square-foot warehouse in King of Prussia. The property was sold by Long Road Associates LP, according to Montgomery County property records. The last time it traded was in 2003 when Long Road bought it for $1.46 million. The building, which was developed in… Read more »
PhilaPort has topped off a $42 million, 201,621-square-foot distribution center that is under construction at the Packer Avenue Marine Terminal. The milestone means the last piece of steel has been installed in the construction of the building under development at 455 Pattison Ave. in South Philadelphia. Haines & Kibblehouse, a Skippack construction company that has… Read more »
When Connor Lord first arrived at the Amazon Fulfillment Center in West Deptford Township, he was staggered by the sheer size of the place. After driving through the traffic light to the north of the warehouse, its massive bulk dwarfed everything else in this stretch of suburban South Jersey. “It’s intimidating at first seeing this… Read more »
As Bridge Development Partners begins construction on the second and final phase of Bridge Point 78 in central New Jersey, the real estate company is turning its attention to Philadelphia. The Chicago-based developer, in partnership with DH Property Holdings, landed a lease with TJX Cos. last year for a 283,000-square-foot build-to-suit at 9801 Blue Grass Road in… Read more »
International Paper Co. has paid $11.6 million for a 415,700-square-foot warehouse in West Sadsbury, a rural enclave on the far western edges of Chester County where it abuts Lancaster County. The building at 4581 Lower Valley Road was sold by VMM Eckman Management, an entity affiliated with J.D. Eckman, a Reading company that does highway… Read more »
