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Arcadia West User Plans 120,000-SF Building

WEISENBERG TWP., PA-Israel-based Palram buys 11 acres near its existing facilities in Arcadia West Industrial Park to build a new distribution center.

By Marita Thomas | Updated on September 21, 2007

(Read more on the industrial market.)

WEISENBERG TWP., PA-Higgins Development Partners has sold an 11-acre parcel at 9729 Commerce Circle in Arcadia West Industrial Park to Palram Arcadia Real Estate Holdings, a special-purpose entity of Israel-based Palram Industries Inc. Palram Americas, which set down stakes in the park with a 40,000-sf facility in 2000, plans to construct a 120,000-sf warehouse.

Gerald Moore, managing director of the Chatham, NJ-based Garibaldi Group/Corfac International, first introduced Palram to the 250-acre industrial park, and he is also a member of the Garibaldi team that negotiated the most recent land sale on behalf of Chicago-based Higgins. Between 2000 and now, Palram has expanded to approximately 100,000 sf here, all in owned properties.

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