Massive warehouse sold in western Tennessee

Buyer plans layout changes

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Binswanger negotiated the sale of a one-story, 630,000-square-foot industrial building in Jackson, Tenn. The value of the transaction was not disclosed. Tennessee Real Estate Holding Co. sold the 60-acre property to Woodland, Calif.-based Tower Investments, a real estate investment and development company. The property features ceiling heights to 26 feet clear; 25,000 square feet of modern office space; 33 dock-high doors; and two drive-in doors. Tower plans to retrofit the property and subdivide it for smaller tenants. Philadelphia-based Binswanger is a full-service real estate organization with offices throughout the United States, Canada, Mexico, South America, Europe, the Middle East, and Asia. ...