Friday, November 11, 2016

Teva Scraps 137 Acre Development Site in Philadelphia

Teva Pharmaceuticals, the owner of 137 acres of land on Red Lion Rd. and Sandmeyer Ln. in Northeast Philadelphia, PA has retained Colliers International to market the site for sale.

Teva Pharaceuticals originally purchased the land for $40.59 million, with plans for a $300 million distribution center which have since been scrapped.

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