Tradepoint Atlantic developer buys former Philadelphia industrial refinery site

The developer behind the transformation of the former Sparrows Point steel mill in Baltimore County is looking to add another defunct industrial site to its portfolio, which includes massive projects spanning from Boston to Baltimore.

Hilco Redevelopment Partners, a subsidiary of Chicago-based Hilco Global, has emerged as the leading bidder to acquire the shuttered 1,300-acre Philadelphia Energy Solutions refinery site for $240 million. Closed for seven months, the plant was the largest oil refinery…

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