by Katie Park and Jacob Adelman, Posted: November 7, 2020 NorthPoint Development wants to redevelop the expansive, environmentally degraded Bucks County steel plant site once known as Fairless Works into a massive warehouse-and-distribution campus, making it the region’s latest obsolete industrial property to be eyed for a makeover for the e-commerce age. The Kansas City, Mo.-based developer plans to complete its…

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McGowan Corporate Real Estate Advisors is exclusively representing Amber Infrastructure and Treadwell Franklin Infrastructure Capital to seek a Lessee for the planned Maine International Cold Storage Facility. McGowan is also working in close partnership with Sterling Solutions (Nick Pacitti) to find customers and/or an operator for the planned MISCF on Commercial Street in Portland, Maine.…

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Philly-area industrial leases approach pre-pandemic levels on e-commerce demand: Report by Jacob Adelman, Updated: May 29, 2020 – 5:30 AM But demand for space around population centers like the Philadelphia area isn’t being driven only by online grocers, said Kevin McGowan of McGowan Corporate Real Estate Advisors in Allentown. Distributors of all sorts of merchandise…

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From the article by @Territoryone http://exclusive.multibriefs.com/content/how-covid-19-might-affect-the-commercial-real-estate-market/business-management-services-risk-management “Office is likely to be hit hard with the work from home trend that is likely to persist beyond any shutdown,” says Kevin McGowan, president of McGowan Corporate Real Estate Advisors. And it doesn’t help that a lot of office buildings embraced the open-concept floor plan. “We think the offices…

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From the article by @Territoryone https://exclusive.multibriefs.com/content/can-pandemic-surviving-shopping-malls-actually-thrive/retail ….Kevin McGowan is the president of McGowan Corporate Real Estate Advisors in Allentown, Pennsylvania. He predicts that there will continue to be grocery-anchored retail centers — but drive-thru pickup might become the norm instead of the exception. “For the other retail centers that are not grocery-anchored but are anchored by retailers…

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McGowan quoted in Philadelphia Business Journal about emerging Northeast Philadelphia logistics market. One of the challenges of the market is that it’s emerging and there isn’t much historical data to benchmark rents and other metrics that go into lease deals especially with new buildings. That has meant that institutional buyers or tenants haven’t flooded the…

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Industrial real-estate operators expect the disruption of consumer supply chains caused by the coronavirus pandemic to drive a new surge in warehousing demand. Warehouse developers now helping some retail and logistics customers secure additional storage space as lockdowns trigger an upheaval in consumer buying patterns believe the rapid adjustments will give way to longer-term changes…

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First and foremost, we hope your family, friends, and businesses are healthy. These are challenging times for everyone on a variety of fronts. McGowan continues to stay focused on closing out transactions in progress for our clients. We are thankful to be healthy as well at the moment. We’ve been in business since the 1970’s…

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Misfits Market Inc., a direct-to-customer delivery service of produce, signed a long-term lease on 140,800 square feet at 500 Griffith Morgan Lane in Pennsauken, N.J., and will relocate from Philadelphia to use the building as a new headquarters and cold-storage distribution facility. This location will serve as the new headquarters and distribution center for Misfits…

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