Here is a look back at public industrial news in Bucks County from the third quarter of 2026. It is put together by Carolyn Olivieri, a Doylestown-based industrial and flex specialist with KW Commercial.
Key takeaways
- Investors bought and started building light industrial space in Bensalem and Bristol.
- Defense and technology manufacturers announced new operations in Trevose and Bristol.
- A large Falls Township warehouse announced it would close, and the proposed Nuuly facility moved forward.
- Nationally, new tariffs replaced the temporary 10% tariff, the Fed raised rates, and 30-year mortgage rates topped 7%.
Sales and new construction
Endurance Real Estate Group and Long Wharf Capital bought a two-building, 110,833 square foot industrial portfolio at 3350 Progress Drive and 3366 Marshall Lane in Bensalem. Pat Gilmore and Mike Borski of The Flynn Company marketed it for the seller, and Jim Scott and Jack Owens of Avison Young are now the leasing agents. (Source: Endurance Real Estate Group, July 14, 2026, https://endurance-re.com/2026/07/13/endurance-real-estate-group-and-long-wharf-capital-acquire-110833-square-foot-industrial-portfolio-in-bensalem-pennsylvania/)
Greek Real Estate Partners and Principal Asset Management closed on a 6.9-acre, $7.8 million site in Bristol and began building a 100,000 square foot industrial building the next day. (Source: Philadelphia Business Journal, July 19, 2026, https://www.bizjournals.com/philadelphia/news/2026/07/19/greek-principal-bucks-county-warehouse-development.html)
Just over the county line in Horsham Township, Montgomery County, officials broke ground on the County Line Commerce Park, about 324,000 square feet of new space. (Source: Patch, July 13, 2026, https://patch.com/pennsylvania/horsham/commerce-park-coming-county-line-road)
Business moves
Attalon, a defense manufacturer, plans to put more than $30 million into an 80,000 square foot building in the Trevose section of Bensalem Township. The building will hold its coating lines and national headquarters, and the company expects to open in summer 2027 with more than 100 jobs over ten years. (Source: Lower Bucks Times, August 2, 2026, https://lowerbuckstimes.com/2026/08/02/attalon-trevose-headquarters-coatings-plant/)
Telit Cinterion announced an 8,000 square foot manufacturing and testing operation in Bristol with the local manufacturer MFG Innovations. Production is set to start in October 2026, with at least 50 jobs in the first phase. (Source: Telit Cinterion, September 2, 2026, https://www.telit.com/press/telit-cinterion-to-onshore-its-trusted-manufacturing-to-the-united-states/)
Transform Warehouse Operations, a company tied to Sears and Kmart, filed a notice to close its nearly two million square foot warehouse at 1 Kresge Road in Falls Township by September 16. The closing affects 147 workers, and the company plans to sell the property. (Source: WFMZ, July 23, 2026, https://www.wfmz.com/news/area/southeastern-pa/central-bucks-county/bucks-county-warehouse-to-close-147-jobs-impacted/article_837e1b7a-b211-4664-9be4-b876a6b10afc.html)
Approvals
In August, the Falls Township Planning Commission voted 4-1 to recommend rezoning a 165-acre former quarry site at 700 East Penn Valley Road for Nuuly. The plans show a main building of 994,257 square feet. (Source: LevittownNow, August 27, 2026, https://levittownnow.com/2026/08/27/new-details-revealed-about-nearly-1-million-square-foot-nuuly-facility/)
Big picture
The temporary 10% global tariff expired July 24. On July 23, new tariffs of 10% or 12.5% were set on 60 economies under a different trade law, with exemptions for certain products and for imports that comply with the U.S.-Mexico-Canada agreement. Local manufacturers and distributors that import goods had to recheck their costs again. (Source: Congressional Research Service, October 8, 2026)
On September 16, the Federal Reserve raised its benchmark rate by a quarter point to 3.75% to 4.00%, citing elevated inflation. Higher rates generally mean higher costs for construction loans, acquisitions and refinancing, which owners and buyers in Bucks County should factor into their plans. (Source: Federal Reserve, September 16, 2026)
Freddie Mac reported that the average 30-year fixed mortgage rate reached 7.03% on September 24, up from 6.71% at the start of the month. Rising long-term rates also tend to affect commercial loan pricing. (Source: Freddie Mac, September 24, 2026)
Trend to watch
Companies are bringing manufacturing back to the U.S., and many of those operations fit in small flex and light industrial buildings, not only large warehouses.
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