Millwork co. expands business with Texas acquisition
Facility to accommodate production of doors, floors
By Inman News, Friday, August 25, 2006.Binswanger recently represented IMI Cornelius in the sale of its 92,000-square-foot industrial building with acreage in San Antonio, Texas.
The value of the transaction was not disclosed.
Dimension Millworks Inc., a manufacturer of various types of millwork, including doors, sashes, flooring and cabinetry, purchased the property, which is located at 702 San Fernando St. It was already leasing a portion of the building at the time of purchase and is expanding its operations with the acquisition.
IMI Cornelius, a global supplier of beverage dispensation and cooling equipment based in Osseo, Minn., sold the one-story property, which features 24-foot-high ceilings, numerous truck doors and office space.
Philadelphia-based Binswanger is an international, full-service real estate organization with offices throughout the U.S.A., Canada, Mexico and South America, the U.K. and Europe, the Middle East, and Asia.
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