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Lidl Purchases Future Warehouse Site for 144.6M; Chandler Spivey Provides Insight

Lidl Purchases Future Warehouse Site for 144.6M; Chandler Spivey Provides Insight


FAIRLESS HILLS, PA
Thursday, February 16th, 2023

German retailer Lidl has dropped a big chunk of change in the United States, investing $144.6 million, according to property records, in its newest planned warehouse. The facility will be located at the Keystone Trade Center in Bucks County of Fairless Hills, Pennsylvania, growing the grocer’s foothold on the East Coast.

Chandler Spivey, Public Relations Manager, Lidl U.S.Purchasing 69 acres from Kansas City, Missouri-based NorthPoint Development, Lidl is in the “early planning phase” for a warehouse at the site, said Chandler Spivey, Public Relations Manager for Lidl U.S., in an email obtained by Philadelphia Business Journal. The company didn’t share its timeline to open the warehouse or how many jobs it plans to add.

NorthPoint had planned to build a 1.2-million-square-foot warehouse at the site purchased by Lidl, marketing material shows, but now it will be up to the grocer to carry out construction.

Recently, the chain dropped $144.6 million to purchase the site of a planned warehouse at the Keystone Trade Center in Bucks County of Fairless Hills, Pennsylvania

According to Lidl’s website, the “right site” for a distribution center is at least 60 acres in an industrial area with space for an approximately 850,000-square-foot building, easy interstate access, and 24/7 operations allowed. In addition, the retailer stated the new site needs to be within a three-hour drive of New York; Philadelphia; Washington, DC; or Charlotte, North Carolina.

With this investment, there is no telling what expansion plans Lidl has in store. To find out, stick with Deli Market News.

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