STORIES FROM OUR REGION – February 2021
Almost 150 Manufacturing and Chemical Jobs Headed to Delaware
In addition to more job opportunities, the expansion of three companies into Wilmington and New Castle County will improve public infrastructure and contribute to the economic wellbeing of Delaware.
Denver Developer Buys 45 Acres of Industrial Property in Burlington County
The county’s rich transportation assets continue to draw more demand for industrial properties that can potentially be used as warehousing and distribution sites.
Malvern Biotech Firm Opens 23,000 sq. ft. Life Sciences Incubator
Seeing an increased need for research and development space in Greater Philadelphia, Chester County biotech company, 8BioMed, invested $12 million to create the incubator.
Amazon Eyes Lease at Delaware City Warehouse
If completed, Amazon will have added more than 5.5 million square feet in the last year to its real estate portfolio in Delaware, including facilities in New Castle and Middletown, among others.
ILC Dover Moves HQ to UD STAR Campus
The world-leading specialized engineering development and manufacturing company cites close proximity to major airports and the University of Delaware as reasons for the move.
Camber Adds 1.24 Million sq. ft. Industrial Portfolio in Southern New Jersey, Southeastern Pennsylvania
Including its most recent acquisition, the Clifton-based firm has acquired 30 buildings spanning seven counties in New Jersey and Bucks County in Pennsylvania in 2020.