Login

Chicago Developer Buys Former Refinery in Bankruptcy Auction

New Owner Could Redevelop Site Into Logistics Hub
The Schuylkill River borders the Philadelphia Energy Solutions refinery in Philadelphia. Hilco Redevelopment Partners is expected to redevelop the refinery into logistics space. (Getty Images)
The Schuylkill River borders the Philadelphia Energy Solutions refinery in Philadelphia. Hilco Redevelopment Partners is expected to redevelop the refinery into logistics space. (Getty Images)
CoStar News
January 22, 2020 | 11:11 p.m.

Hilco Redevelopment Partners is the winning bidder of one of the oldest and largest oil refineries on the East Coast. The purchase by Hilco, a company that specializes in redeveloping industrial sites, suggests the oil refinery may soon be transformed into a logistics hub.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In

IN THIS ARTICLE


News | Chicago Developer Buys Former Refinery in Bankruptcy Auction