United States Steel Corp. (NYSE:X) has sold its Keystone Industrial Port Complex near Philadelphia to industrial and multifamily housing developer NorthPoint Development, which eventually plans to build a 10 million-square-foot industrial site, it was announced Friday.
The sale, which fetched $160 million, according to people familiar with the matter, ends US Steel’s 67 years of ownership at the site, which is located in Fairless Hills, Pennsylvania, about 26 miles from Philadelphia and roughly...
https://www.freightwaves.com/news/us-steel-sells-pa-logistics-complex-to-northpoint