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Port of Wilmington Expanding Capacity

Port of Wilmington Expanding Capacity

The Delaware Business Times has an excellent article on the capacity increases coming to the Port of Wilmington, Port of Wilmington adds eco-friendly cranes that will help double yard capacity. The Delaware Business Times wrote, GT USA Wilmington, partnering with KoneCranes, has taken delivery of five new Rubber Tired Gantry (RTG) cranes at the Port of Wilmington in Delaware, which…

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7 Trends in Warehouse Design to Watch

7 Trends in Warehouse Design to Watch

Commercial real estate’s industrial sphere has been a winner in the business for years now. Often called the ‘golden child’ of commercial real estate, industrial spaces seem to thrive even when everything else is facing challenges. It’s becoming increasingly clear that warehousing is the way of the future. Riding on the back of e-commerce alone, the industrial space is set…

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Philadelphia Warehouses Fare Well During Pandemic

Philadelphia Warehouses Fare Well During Pandemic

Jonathan Berr has an article in BisNow, Philadelphia Industrial Market Weathers Pandemic As New York Activity Spills Over, highlighting how warehouses and industrial real estate have been faring during the pandemic. Below are a few highlights form the article which really stood out. The good news is Philadelphia warehouse investors and warehouse owners should continue to see strong demand. Like…

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Pennsylvania Ports to Benefit From PICGIP Plan Extension

Pennsylvania Ports to Benefit From PICGIP Plan Extension

While we lately have been highlighting all the positive things happening with the Port of Wilmington, now comes additional good news for ports in Pennsylvania. MarineLink.com reported, Pennsylvania Extends Cargo Growth Incentive Program. Pennsylvania Governor Tom Wolf announced that the state’s Intermodal Cargo Growth Incentive Program (PICGIP), which aims to increase cargo activity by incentivizing shippers to move cargo through Pennsylvania…

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Exporting to Dubai and the Middle East from Delaware

Exporting to Dubai and the Middle East from Delaware

The team from Export Delaware recently held a Zoom meeting addressing the current business climate and opportunities for Delaware businesses in the United Arab Emirates. New trade representative in the Middle East, Joe Hepworth and James Maley-Craig of OCO Global in Dubai were introduced. It was a great opportunity to learn what Delaware and Mid-Atlantic businesses can be doing to proactively…

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How Has CRE Lending Changed?

How Has CRE Lending Changed?

On the long list of things impacted by the coronavirus pandemic, commercial lending wasn’t immune to the global disruption. In fact, it’s actually the opposite. Many industry experts and analysts are saying that the impacts of COVID may change commercial lending forever. While these statements are big, it’s plain to see that they’re not exaggerated. The coronavirus wasn’t just a…

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Hershey’s to Expand Warehouse Footprint in Lebanon, PA

Hershey’s to Expand Warehouse Footprint in Lebanon, PA

Local news site Lebtown.com has the details on the Hershey’s expansion, Hershey Co. plans million square foot South Annville Township warehouse, “The Hershey Company plans to build a massive warehouse and packaging center south of Route 422 between Annville and Palmyra in South Annville Township. Construction could start as early as this month…“This plot is located on Killinger Road and…

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Port of Wilmington Poised For Growth

Port of Wilmington Poised For Growth

Jacob Owens in The Delaware Business Times has an excellent article, Gulftainer keeps sights on lofty future for Wilmington port, highlighting the changes happening at the Port of Wilmington. In the article, Eric Casey, CEO of GT USA Wilmington is interviewed and provides some excellent insight into the changes happening in Wilmington. The world’s largest independent port operator, based in…

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