STAG Industrial Holdings has purchased an industrial property in the Bucks County Business Park. Located at 121 Wheeler Court in Langhorne, the 172,647 sqf building is leased to Silgan Plastics Corporation, a supplier, manufacturer and distributor of plastic containers. Situated in one of Bucks County’s most established business parks, the property provides convenient access to multiple regional roadways, including I-95, U.S. Route 1 and the Pennsylvania Turnpike. Terms of the sale were not disclosed. “This is a well-maintained specialty manufacturing building with upgraded electrical capacity,” said Joseph Hill, Cushman & Wakefield senior director with the commercial real estate services firm, who arranged the sale with team members Robert Yoshimura and Eric Mattson. “We were fortunate to procure a buyer who understands the inherent value of this single-tenant asset and its prime location.”
