Thursday, February 11, 2016

Archive: November, 2012

POSTED: Wednesday, November 7, 2012, 4:59 PM

Keystone Property Group bought the three-building Moorestown Corporate Center from Mack-Cali Realty Corp., a publicly traded real estate investment trust, for $19.9 million.

Based on the price disclosed by Mack-Cali, Keystone paid about $90 per square foot for the office buildings at 224, 228 and 232 Strawbridge Drive in Moorestown. Both companies said the corporate center is 61 percent leased.

Bala Cynwyd-based Keystone said that Shaw Environmental, an engineering firm, occupies all 74,565 square feet of space in the building at 228 Strawbridge.

POSTED: Wednesday, November 7, 2012, 2:30 PM
Filed Under: Manufacturing

Campbell Soup Co. may be based in Camden, but Napoleon, Ohio, is the site of the company’s biggest food-manufacturing plant.

Located near Toledo, the factory employs about 1,500 people who produce soups, sauces and beverages for the consumer-products giant.

It’s also one of the focal points for Campbell Soup’s efforts to make its operations more sustainable. In December, the company switched on a 9.8-megawatt solar-panel farm that is expected to supply up to 15 percent of Napoleon’s electricity needs.

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Mike Armstrong blogs about Philadelphia corporations and business-related topics. Contact him at 215-854-2980. Reach Mike at

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