View of Philadelphia Skyline from the Art Museum

STORIES FROM OUR REGION – July 2021

China-Based WuXi AppTec Awarded $19M for Delaware Drug Plant

The proposed 1.7 million-square-foot complex — bigger than Philadelphia’s largest office towers — would be WuXi AppTec’s largest U.S. manufacturing facility.

Penn Medicine’s $1.5B Pavilion Nears Completion

The addition of the Pavilion and shift to fully private patient rooms at the Hospital of the University of Pennsylvania will add an extra 390 beds, increasing the overall capacity to 1,198 beds between HUP and the Pavilion.

PhilaPort Lands $49M Grant for First Deepwater Berth in Nearly 50 Years

The Southport berth project will improve cargo efficiency by allowing ships to dock directly at PhilaPort’s Southport terminal, placing vehicles near the processing center, and reducing transfers between processing centers.

Philadelphia International Airport Investing $90M to Become East Coast’s ‘Premier Cargo Airport’

The expansion will add 136 acres to PHL’s air cargo capability and offerings, bringing the cargo building area to 1.4 million square feet.

United Cocoa Processor (UCP) Expands Plant

As part of their expansion to maximize the return found in a single bean, the Glasgow cocoa product manufacturer is including a second roasting line, which will allow them to roast 211,000 pounds of cocoa beans and nibs per day.

Three-Building South Jersey Industrial Portfolio Sells for Estimated $48M

High Street Logistics Properties’ acquisition of the three properties — totaling 401,827 square feet — spurs from studies showing the demand for logistics space and the continued strength of labor and location in southern New Jersey.