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Colorado company buys I-78 warehouse for $27.5 million

May 24, 2016

May 23, 2016 | By The Morning Call Staff | The Morning Call

WEISENBERG TOWNSHIP — A prominent warehouse facility off Interstate 78 in Lehigh County has changed ownership.

Industrial Property Trust Inc. of Denver has acquired 9747 Commerce Circle in Weisenberg Township, according to the company’s Securities and Exchange Commissionfiling.

Industrial Property purchased the property from Woodmont Industrial Partners of Fairfield, N.J., for $27.5 million, the SEC filing and Lehigh County property records show.

The nearly 385,000-square-foot warehouse in the Arcadia West Industrial Park is located on Route 863, about a half-mile north of I-78 at Exit 45.

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Second Annual Blue Vault Broker Dealer Educational Summit 2016
2016 Broker Dealer Educational Summit 2016
May 30, 2016

Best Due Diligence meeting in the industry. No sales pitches, senior level decision makers, meaningful discussions and the Broker Dealer networking sessions were especially useful. Thanks to Blue Vault for raising the bar!