Southern California-based Watson Land Co. is again expanding its industrial building portfolio in the Lehigh Valley, its second property on the East Coast.
The company bought 9670 West Hills Court, a 21-acre property in Weisenberg Township, Lehigh County, for $25,200,978 from Hillwood Investment Properties, according to Lehigh County assessment records.
The property is an industrial site in the West Hills Business Center.
Earlier this year, the company bought its first distribution building at 9658 West Hills Court in Lehigh County for $43 million from Hillwood, based in Dallas, Texas.
The industrial park is along the Interstate 78 corridor at exit 45.
Watson, headquartered in Carson, a city in Los Angeles County, has been embarking on a strategic process to acquire more industrial land in the Lehigh Valley, according to the company.
Officials were not available for comment on the Weisenberg Township acquisition.
