Cleveland-Cliffs engaged Binswanger to handle the sale of its 66-acre former steel manufacturing site along the Schuylkill River in Conshohocken, Pennsylvania, presenting a rare opportunity for a property of this scale in the Montgomery County area.

The 1 million-square-foot facility, located at 900 Conshohocken Road and less than 10 miles from Center City, Philadelphia, is strategically positioned between I-476 and I-276. The steel plant facility is currently zoned for heavy industrial use, the site offers potential for a range of redevelopment options, including distribution facilities, data centers, or multifamily residential projects.

“This is a once-in-a-generation chance to acquire a sizable, heavy industrial-zoned property in Conshohocken,” said Chris Pennington of Binswanger. “Demand for a site like this will be strong, and we anticipate significant competition from interested buyers.”

*Article courtesy of Philadelphia Business Journal

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