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The massive Philly refinery site sale is about to close. Here’s what we know about the developer buying it.

Hilco Global has a long history of buying and salvaging distressed businesses and real estate, but its track record is mixed.

A fire and explosion led to abrupt closure of the PES refinery in South Philadelphia. Hilco, the Chicago developer buying the property has a mixed track record.
A fire and explosion led to abrupt closure of the PES refinery in South Philadelphia. Hilco, the Chicago developer buying the property has a mixed track record.Read moreTYGER WILLIAMS / Staff Photographer