A fourth quarter report on the industrial real estate market for the Interstate-78/81 corridor shows supply outpacing demand overall during 2019, according to the real estate firm CBRE.
Read More »Tag Archives: Transportation & Distribution
Air Products to invest $500M in Gulf Coast project
Air Products & Chemicals of Trexlertown will invest $500 million to build a project with Gulf Coast Ammonia in Texas City, Texas, to produce hydrogen.
Read More »$80M recycling plant set to open in Berks County, could create more than 130 jobs
CarbonLITE Holdings LLC, a California-based manufacturer, plans to open an $80 million, 270,000-square-foot recycling plant in Berks County early this year that should bring more than 130 jobs to the region.
Read More »Dealership eyes property for potential expansion
Now that the owner of a major Lehigh Valley auto dealership bought a nearly two-acre site in Lower Macungie Township at a sheriff’s sale last week, he’s eyeing the land for potential expansion.
Read More »Workforce plan expects growth in health care, construction jobs; decline in manufacturing
From now until Jan. 21, state officials are accepting comments for Gov. Tom Wolf’s federally mandated four-year workforce development plan, which seeks to coordinate the efforts of the state's educational institutions, economic development programs and employers of the region’s major industries to create a pathway to optimal employment.
Read More »Logistics sector helps push region’s economic output past $41B
A federal agency’s recent report shows the Lehigh Valley’s economic output for private industry pushing past $41 billion, a 4.4 percent increase over the previous year.
Read More »Dermody Properties finishes construction on Berks industrial property off I-78
Dermody Properties said it completed the construction of LogistiCenter at Midway South. The 304,000 square foot logistics facility occupies more than 29 acres off Interstate 78 in Bethel Township, Berks County.
Read More »Report shows more investors drawn to cold storage sites
With the growth of online grocery sales, investors are starting to show more interest in the cold storage sector, according to a new report from CBRE.
Read More »Used car retailer plans to open near Route 33
CarMax, a used car retailer based in Richmond, Virginia, plans to open a store in Lower Nazareth near Route 33 in spring 2020.
Read More »Airport authority approves $49.1M capital improvement program
With an eye on reinvesting in its infrastructure and expanding services, the Lehigh-Northampton Airport Authority board of governors approved a $36.7 million operating budget for all three of its aviation facilities, plus a nearly $49.1 million capital improvement program for 2020.
Read More »