Tuesday, August 30, 2011

Eastern Warehouse Distributors, Inc. acquires 110,000 square foot building

"AutoParts Warehouse acquires 1050 Wheeler Way, Bucks County Business Park, Langhorne, PA.

AutoParts Warehouse acquired 1050 Wheeler Way, Bucks County Business Park, Langhorne, Bucks County, PA. The 110,000 square foot one-story building located on 10.0 acres and former site to Domtar Paper Company, LLC sold for $3,800,000.

AutoParts Warehouse is a locally owned and operated wholesale automotive parts distributor, headquartered in Langhorne, PA, who have proudly served the professional installer since 1989 offering a selection of new and rebuilt parts. With 21 warehouses in the area and a fleet of more than 200 radio-dispatched delivery vehicles, AutoParts Warehouse is well stocked with quality parts and is able to provide quick delivery service throughout Eastern PA and NJ. Through its commitment to superior customer service, efficient operations and competitive pricing, the company has been able to become the dominant aftermarket parts provider in its service regions.

AutoParts Warehouse sells exclusively to professional installers. Its customer base includes independent garages, new and used car dealerships, fleet accounts and large national chains (Sears, Meineke, Firestone, PepBoys, Midas, Tires Plus, etc.) which typically make purchasing decisions on a store-by-store basis for non-stock items. AutoParts Warehouse has been able to grow its market share through aggressive pricing, marketing, service and inventory. Stephen Thorne, President of AutoParts Warehouse, advised that the company will retain ownership of its current location at 355 S. Flowers Mill Rd, Langhorne, PA, which facility consists of 48,232 SF on 11.92 acres and the companys executive offices will remain at the location as well as an import warehouse and the main warehouse and distribution will be operated out of the new Wheeler Way facility. The approx. 24,000+ SF to be vacated at S. Flowers Mill Rd will be marketed for lease."

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