News

State-of-the-Art, Technology-Enabled Warehouse Proposed for Global Petroleum Site on Route 1A

July 12, 2022

The transformation of Revere into a vibrant gateway city under the leadership of Mayor Brian Arrigo will hit another major milestone with the redevelopment of the Global Petroleum site on Route 1A.

Saracen Properties of Waltham and Link Logistics Real Estate of New York City have formed a partnership to acquire and redevelop the 44-acre Global Petroleum oil storage facility that is located directly north of the Irving Oil Tanks.

The new project, called the “Trident Logistics Center”, will be a modern, technology-enabled warehouse and distribution campus with a focus on responsible development, environmental resiliency, and sustainability.

Read More