Former furniture plant sold in Tennessee

Massive complex set for upgrades

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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. ...