Here is a look back at public industrial news in Bucks County from the second quarter of 2026. It is put together by Carolyn Olivieri, a Doylestown-based industrial and flex specialist with KW Commercial. It was a quieter quarter for public announcements, so this recap is short.
Key takeaways
- Exol confirmed it will fill the nearly one million square foot South Penn Logistics Center in Falls Township.
- A specialized Bristol building with rail service and cranes sold.
- Buildings with special features keep drawing interest.
- Nationally, energy costs pushed inflation to 4.2%, the Fed held rates, and tariff rules stayed tied up in court.
Leases and sales
LevittownNow reported that Exol, a California-based automated fulfillment company, will fully occupy the 973,200 square foot South Penn Logistics Center in Falls Township. It will be Exol's first location in the Philadelphia area and its sixth overall. Citing Bucks County property records, LevittownNow said the site sold to Logistics Property Co. for $53 million in 2021. (Source: LevittownNow, April 27, 2026, https://levittownnow.com/2026/04/27/logistics-firm-leases-1-million-square-foot-warehouse-near-delaware-river/)
In June, Binswanger's Mid-Atlantic team announced the sale of 5 N. Wilson Avenue in Bristol. It is a 120,000 square foot industrial building on 10.93 acres with rail service, heavy power and six cranes. The price was not announced. (Source: Binswanger, June 3, 2026, https://www.linkedin.com/posts/binswanger-midatlantic-team_sold-bristol-pa-binswangers-mid-atlantic-activity-7467965884368859137-DAlk)
Big picture
On April 17, Iran said the Strait of Hormuz was open during a ceasefire, and oil prices fell about 9% that day. Within days, shipping was back near a standstill and prices jumped again. The swings made fuel and freight budgets hard to plan for businesses that ship goods. (Source: Reuters, April 17, 2026)
Consumer prices rose 4.2% in the year ended May 2026, the largest 12-month increase since 2023, according to the U.S. Bureau of Labor Statistics. Energy prices were up 23.5% over the year. Higher energy costs reach tenants through utility bills and shipping costs, and they can show up in operating expenses for owners. (Source: U.S. Bureau of Labor Statistics, June 17, 2026)
On June 17, the Federal Reserve again held its benchmark rate at 3.50% to 3.75%. Its statement said inflation was elevated partly because of energy price increases tied to the Middle East conflict. Borrowing costs for buying or refinancing property stayed where they were. (Source: Federal Reserve, June 17, 2026)
In May, the Court of International Trade ruled against the 10% global tariff, but a federal appeals court let the government keep collecting it while the appeal continues. The tariff was set to expire July 24. Importers kept paying while waiting for clarity. (Source: AP News)
Trend to watch
Buildings with rail, cranes and heavy power are hard to replace, and they continue to draw buyers and tenants.
Questions about industrial or flex space in Bucks County? Email Carolyn Olivieri, a Doylestown-based industrial and flex specialist with KW Commercial, at c.olivieri@kwcommercial.com
Carolyn Olivieri, KW Commercial