Campbell buying Camden tract for its office park
By
Associated Press
June 10, 2009
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Campbell Soup Co. has agreed to buy two acres of land in Camden that were cleaned up by the Delaware River Port Authority a decade ago.
The world's largest soupmaker is to pay $427,000 for the land. The company intends to use the property for part of a proposed office park around its headquarters in Camden.
The company agreed to develop the land as part of the deal that committed it to remain in Camden.
The DRPA bought the two-acre parcel in 1999 for $550,000. It says the land cost more then because it had buildings on it _ a liquor store and a warehouse.
The tract was part of a massive cleanup of Camden's Admiral Wilson Boulevard ahead of the Republican National Convention in nearby Philadelphia in 2000.
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