PHILADELPHIA, PA—Liberty Property Trust, which owns and manages more than 16 million square feet of office, flex and industrial space in the Greater Philadelphia region, has broken ground on its sixth flex building at The Navy Yard. When the building located at 4701 League Island Boulevard is complete in 2016, it will be the third facility to be occupied by WuXi AppTec, Inc. at The Navy Yard.
“Exactly one year ago, we gathered to celebrate the ground breaking of 4000 S. 26th Street, a building in which WuXi will occupy 45,500 square feet,” says John Gattuso, Liberty Property Trust senior vice president and regional director. “For the last decade, WuXi AppTec has been a true partner every step of the way, and today breaking ground on this new building speaks to the strength of this partnership. We pledge to continue to meet their changing needs by developing first-class facilities and value their trust in us throughout the years as well as their overall show of commitment to Philadelphia and specifically The Navy Yard.”
Currently, WuXi AppTec leases 75,000 square feet of space in 4751 League Island Boulevard. This summer it will expand its presence into 45,500 square feet in the recently finished building at 4000 S. 26th Street. WuXi AppTec's expansion represents the continued emergence of The Navy Yard as a magnet for life sciences companies including GlaxoSmithKline, Iroko Pharmaceuticals, Clinigen, Vincera Institute, Thomas Jefferson University Hospitals and the Rothman Institute.
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Steve Lubetkin
Steve Lubetkin is the New Jersey and Philadelphia editor for GlobeSt.com. He is currently filling in covering Chicago and Midwest markets until a new permanent editor is named. He previously filled in covering Atlanta. Steve’s journalism background includes print and broadcast reporting for NJ news organizations. His audio and video work for GlobeSt.com has been honored by the Garden State Journalists Association, and he has also been recognized for video by the New Jersey Chapter of the Society of Professional Journalists. He has produced audio podcasts on CRE topics for the NAR Commercial Division and the CCIM Institute. Steve has also served (from August 2017 to March 2018) as national broadcast news correspondent for CEOReport.com, a news website focused on practical advice for senior executives in small- and medium-sized companies. Steve also reports on-camera and covers conferences for NJSpotlight.com, a public policy news coverage website focused on New Jersey government and industry; and for clients of StateBroadcastNews.com, a division of The Lubetkin Media Companies LLC. Steve has been the computer columnist for the Jewish Community Voice of Southern New Jersey, since 1996. Steve is co-author, with Toronto-based podcasting pioneer Donna Papacosta, of the book, The Business of Podcasting: How to Take Your Podcasting Passion from the Personal to the Professional. You can email Steve at [email protected].
