Home decor manufacturer sells headquarters
Remains in space through leaseback deal
By Inman News, Monday, October 16, 2006.Transwestern Dallas negotiated the sale/leaseback of Home Interiors and Gifts' 659,340-square-foot national headquarters and distribution facility in Carrollton, Texas.
The value of the transaction was not disclosed.
The facility, located at 1649 Frankford Road, was constructed as a build-to-suit for Home Interiors in 2000.
A joint venture between global financial services firm, UBS, and First Industrial purchased the property.
Transwestern is a privately held commercial real estate firm operating nationwide.
Copyright 2006 Inman News
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