Global supply logistics provider Mainfreight has leased an entire facility within Dermody Properties’ LogistiCenter at Lehigh Valley East in Wind Gap, Pennsylvania. Mainfreight is taking the 207,900-square-foot facility at 460 E. Moorestown Road, which was built in 2020, according to CoStar data. “We are excited to grow our footprint to eastern Pennsylvania, further extending the capabilities… Read more »
Bed Bath & Beyond Inc. plans to occupy a 1-million-square-foot distribution center in Pennsylvania as part of a $250 million effort to modernize its supply chain. The facility in Frackville in the Lehigh Valley will be one of two distribution facilities the Union, New Jersey, company plans to open. The other will be located in… Read more »
An Illinois owner of industrial real estate has entered the Lehigh Valley market with a $201.5 million purchase of 951 Willowbrook Road, a 1.03-million-square-foot warehouse-distribution center in Northampton. CenterPoint Properties has been expanding its core presence in the Northern New Jersey and New York industrial market and the Lehigh Valley has been a target market…. Read more »
