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Pharma Firm Signs 189,573-SF Rockland County Lease

SUFFERN, NY-In another blockbuster industrial deal at 22 Hemion Rd. here, generic drug manufacturer Par Pharmaceuticals has signed a lease for 189,573 sf of space in order to expand its warehouse and distribution operations.

By John Jordan | Updated on August 20, 2002

SUFFERN, NY-Par Pharmaceuticals has signed a major expansion deal in Rockland County by securing 189,573 sf of space at 22 Hemion Rd. here to house its warehousing and distribution operations.

Par Pharmaceuticals maintains its corporate headquarters at 1 Ram Ridge Road in Spring Valley, NY in Rockland County.

The deal was reported by Insignia/ESG, which represented the owner of the 900,000-sf 22 Hemion Road property, Clarion Partners. Insignia/ESG’s Frank Lopriore, CCIM, managing director and Walter Wolf, associate of the company’s Saddle Brook, NJ office worked on the deal. Chris Marks of New Jersey-based Strategic Alliance represented Par Pharmaceuticals, a general drug manufacturing and distribution company.

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