Binswanger arranged the sale of a 303,000-square-foot industrial facility in Jackson, Tenn.

The value of the transaction was not disclosed.

The one-story property is situated on 29.3 acres at 40 Carl Kirkland Drive, and was formerly used as a furniture manufacturing plant and a distribution center. Features include ceiling heights to 34 feet clear; 3,000 square feet of modern office space; 21 dock-high doors; two drive-in doors; and one 15-ton crane.

Southwind Properties, a family-owned LLC, sold the facility to Clinton, Tenn.-based Hollingsworth Capital Partners – Ohio LLC, which plans to retrofit the property and market it for sale or lease.

Philadelphia-based Binswanger is an international full-service real estate organization with offices worldwide.

Show Comments Hide Comments

Comments

Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
Success!
Thank you for subscribing to Morning Headlines.
Back to top