News


Read about Hilco Redevelopment Partners' latest business transactions, redevelopment progress, and other company news.

Hilco names operations chief for massive Philadelphia refinery redevelopment

Hilco Redevelopment Partners has named an operations head to help oversee its planned 1,300-acre transformation of the former Philadelphia Energy Solutions refinery site into an industrial and warehouse hub.

Hilco Redevelopment Partners Hires Jasmine E. Sessoms to Lead Corporate Affairs as Senior Vice President for the PES Redevelopment Project in Philadelphia

The Point Breeze native will handle community and government outreach as the company cleans up and redevelops the former PES refinery site.

Hilco closes on $225M PES refinery purchase, envisions up to 15 million square feet of new space

Hilco Redevelopment Partners acquired the former Philadelphia Energy Solutions refinery in South Philadelphia out of bankruptcy.

Old Sparrows Point steel mill sprouts new businesses, including a new kind of indoor farm

Gotham Greens is building a 100,00-square-foot hydroponic greenhouse at Tradepoint Atlantic in this November photo. Baltimore is the fourth location for the year-round grower of salad greens and herbs. The produce will be sold to local and regional restaurants and groceries.

Industrial vet, Mark Levy, joins Hilco Redevelopment Partners

Hilco Redevelopment Partners, a unit of Hilco Global, announced that Mark Levy has joined its real estate redevelopment team as executive vice president – industrial acquisitions. He will be responsible for expanding the acquisition team and strategy, with a focus on continuing to source and complete industrial redevelopment transactions throughout North America within Hilco’s real estate redevelopment operating company.

Hilco Global Donates More Than $75,000 of Children's Shoes to Disadvantaged Youth

Hilco Global announced today that during the Payless Shoe Store going-out-of-business sale, they purchased thousands of pairs of shoes to donate to local youth charities in Chicago, Boston, and New Jersey.

MB Real Estate, Hilco, Origin JV Buy West Loop Office Building

The nearly 124,000-square-foot office building at 549 W. Randolph St. has been acquired by a joint venture that includes MB Real Estate executives Kevin Purcell and Peter Westmeyer, Hilco Redevelopment Partners and Origin Investments.

Hilco Global Awards Paid College Scholarship and Internship Opportunities to Students from Chicago's Little Village

In collaboration with City Colleges of Chicago, Hilco invests in the future of Chicago’s Little Village with Hilco Scholars program.