Two warehouse sites in Bethel Township sell for $6.8M
Two sites on Route 22 in Bethel Township recently sold for a total of $6.8 million, according to deed records filed at the Lebanon County Courthouse.
Both likely will have future warehouses.
On Oct. 11, U.S. Cold Storage bought a 24.5-acre property along Route 22 for $3,428,600, according to records. The company previously said it was considering the Lebanon County site for a $21 million facility that could bring as many as 100 jobs to the area.
U.S. Cold Storage is a “national public refrigerated warehouse operator,” according to its website, with 35 current facilities in 12 states, including locations in Bethlehem and Hazleton. It has 2,100 employees, according to the website.
Mickey Hoffman, director of corporate development at the company, did not return phone and email messages about the property.
Officials from the future Lebanon Valley Distribution Center, a potential 1.1-million-square-foot facility, previously said it closed on a 130-acre property along Route 22 and Fredericksburg Road on Nov. 1 but did not announce a sale price. According to the courthouse records, the property sold for $3,369,897.
Bethel Township’s board of supervisors recently approved the property for a Local Economic Revitalization Tax Assistance designation, allowing for a tax-exemption plan over the next 10 years.
No tenant has been signed for the property.