Binswanger arranges sale of Matsushita Building

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Binswanger represented a boat builder in the purchase of a 375,000-square-foot facility in Vonore, Tenn. The value of the transaction was not disclosed. The property is a one-story building located at 56 Excellence Way on 72 acres. This building includes ceiling heights above 25 feet, 10,056 square feet of modern office space and 37,694 square feet of office mezzanine. The buyer, PJS Enterprises LLC, is a manufacturer of high-end boats and yachts under the Cobalt brand. The seller, Matsushita Refrigeration Co., produces home-making, cooking and housing-related products. Philadelphia-based Binswanger is an international, full-service real estate organization with more than 160 offices worldwide. *** What's your opinion? Send your Letter to the Editor to