Newmark Group Inc. has arranged a 1.4 million-square-foot industrial lease for DrinkPAK at The Bellwether District in Philadelphia, marking the largest industrial lease in the city since 2020 and one of the top four in its history. DrinkPAK, a leading contract manufacturer of canned beverages, is the first tenant to sign a lease at this transformative 1,300-acre development, which is being built on the former Philadelphia Energy Solutions refinery site. Construction on the facility has begun, with move-in expected by the first half of 2027. The project is expected to drive job creation, supply chain expansion, and regional economic growth, establishing The Bellwether District as a major hub for manufacturing and logistics on the East Coast.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Newmark Group Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: NY60343) on January 12, 2026, and is solely responsible for the information contained therein.
