Premier Industrial commercial real estate news, analysis, trends and information including warehouse, distribution, logistics, e-commerce, self storage and R&D space deals and players.
The logistics and distribution solutions company inked 404,950 square feet of warehouse/distribution space at the North Bay Logistics Center in a long-term lease that will house operations for two business lines.
The historic plan was passed with significant bipartisan supermajorities and will investments in roads, bridges, railways, universities, early childhood centers and state facilities like the crime lab and veterans' homes over the next six years. The package of bills also includes new incentives for data center projects.
The German aviation and aerospace production firm has signed a lease for 43,206 square feet at a 151,693-square-foot building at the Elk Grove Technology Park.
The planned hospital closure came as the city got hit with the news that after the massive June 21 fire and explosion at its oil refinery in South Philadelphia, Philadelphia Energy Solutions notified the state Department of Labor its plans to shut down the facility.
The partnership has since commenced construction on the speculative 10 Princess Logistics development, a 340,400-square-foot distribution facility with 40' clear ceiling heights, cross loading, trailer storage and abundant parking.