December 3, 2013 |
Liberty Property Trust , the commercial landlord that built Philadelphia's tallest buildings, has been dumping aging suburban offices and building and buying warehouses. The Malvern company announced last month it was selling 6.6 million square feet of mostly office space, in suburbs like Mount Laurel, Fort Washington, and elsewhere, to Greenfield Real Estate L.L.C. of Connecticut for $705 million. Greenfield is one of many private firms buying up aging office parks. This year, Liberty sold PNC's operations center to Nicholas Schorsch's American Realty Capital Partners for $75 million.
November 26, 2013 |
CHERRY HILL Costco Wholesale has set its sights on a parcel of prime South Jersey real estate to expand the megastore chain's presence in the region. The Issaquah, Wash., retailer has put down a marker to build a 157,845-square-foot warehouse in Garden State Park, site of the former horse racetrack. In addition to a warehouse, a proposed site plan recently filed with the township calls for retail space, a restaurant, and a bank on the vacant 18-acre site. "We're excited about Costco," Cherry Hill Mayor Chuck Cahn said.
November 5, 2013 |
BY THE NUMBERS 675k muffins sold each year. 24k cubic square feet of BK's new freezer. 800k miles driven each year by BK trucks. 7,000 different types of products in the BK warehouse from more than 40 countries.
October 25, 2013 |
On weekdays, Peter Singley, 28, of Pine Hill, works in the Herr Foods warehouse in Egg Harbor, N.J., doing usual warehouse functions - controlling inventory, unloading trucks. And he gets paid the usual way, by the hour. On weekends, though, it is different - and possibly illegal - motivated, Singley said in a lawsuit filed in Superior Court in Camden on Tuesday, by Herr's desire to avoid triggering health-care coverage requirements under the Affordable Care Act. Singley said Herr Foods Inc., the Chester County snack-food manufacturer, had him working more than 50 hours a week, but jiggered his duties and pay to make it look as if he were working less than 30 hours.
October 22, 2013 |
A stunner of a shopping center that opened with a ShopRite a few months ago in a vast industrial pocket of North Philadelphia came about, you could say, through the cravings of a developer's mind and stomach. One dreary day a couple of years ago, Michael Grasso was driving around Fox Street and Hunting Park Avenue in the winter rain to consider snapping up an old Tasty Baking Co. warehouse about to hit the market as the treats maker headed to new digs at the Navy Yard. Grasso, president of Metro Development Co. of Ardmore, and vice president Greg Bianchi passed forlorn hulks from the city's manufacturing glory days - some in use, some vacant - along with modest homes tucked out of sight of the maze of industrial concrete and brick.
October 4, 2013 |
The widow of one of two Philadelphia firefighters killed last year battling a warehouse blaze in Kensington has filed a wrongful-death suit against the owners of the building, contending that they persistently ignored dangerous conditions that led to the conflagration. The owners, the suit contends, knew from 2008, when they took possession of the old Thomas Buck Hosiery factory at 1817 E. York St., to the day of the multi-alarm fire that more than 60 vandals, vagrants, prostitutes, and others were living there illegally.
September 5, 2013 |
As smoke continued to waft from the fire-gutted Dietz & Watson warehouse in Delanco, officials probed the cause of the multialarm blaze, and the company on Tuesday expressed confidence it would be able to get its products to its customers. "If there's any glitches at all, it will be minor and over the next couple of weeks," Dietz & Watson spokesman Steve Riley said. "The products are perishable, so we don't have months and months of supply on hand at Delanco. It's usually into Delanco and out really quickly after that.
September 3, 2013 |
Firefighters battled a multi-alarm fire late into Sunday night that ravaged the six-year-old Dietz & Watson warehouse on Coopertown Road in Delanco, which stores meats and cheeses from company factories in three states. The blaze remained out of control as of 9 p.m., and crews were expected to fight the fire well into the night, according to Burlington County's fire and EMS dispatch center. Flames were reported along the roof, which has solar panels mounted on it, about 1:45 p.m. Sunday, according to the Delanco Fire Department.
August 25, 2013 |
Newark Mayor Cory Booker and Republican Steve Lonegan - as well as allied Super PACs - are ratcheting up personal attacks in the special U.S. Senate race in New Jersey, seemingly competing to denounce the other as too radical for his own party. On Friday, the conservative Super PAC American Commitment Action Fund joined with the antiabortion Susan B. Anthony List to release a new ad calling Booker's stance on abortion "too extreme" even among Democrats. Noting Booker's role on the Democratic National Convention's platform committee last year, the ad accuses Booker of supporting "taxpayer-funded" abortions and of opposing any restrictions on or safety regulations for the procedure.
May 31, 2013 |
FEDERAL AUTHORITIES yesterday filed suit against a food distributor in North Philadelphia's Fairhill section, saying the firm failed to improve improper conditions after four Food and Drug Administration inspections dating to 2011. The suit alleges that FDA inspectors who visited New Rich City Trading Corp., on American Street near Huntingdon, discovered "the widespread presence of animals such as rodents, birds, cats, and dogs, as well as the animals' feces and urine, throughout the facility, including on and around articles of food.