Saturday 28 December 2019

Bidding war set for 1,300 acres of prime real estate in South Philadelphia

A bidding war is set for a former refinery in South Philadelphia, despite worrying environmental challenges at the 1,300-acre property. At least 15 parties have shown interest in buying all or part of the former Philadelphia Energy Solutions refinery, shuttered in June after an explosion set off a fire that ripped through the facility, according to the New York Times. The soil is contaminated from 150 years of refining and is currently under remediation, but



source https://therealdeal.com/2019/12/28/bidding-war-set-for-1300-acres-of-prime-real-estate-in-south-philadelphia/

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