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Binswanger/CBB Arranges Major Sale in Quincy, Michigan.


Business Editors

MARSHALL, Mich.--(BUSINESS WIRE)--July 30, 2002

Representing the Trustee in bankruptcy trustee in bankruptcy n. a person appointed by a bankruptcy court to supervise the affairs of person or business which is in bankruptcy, determine both assets and debts, marshal (gather) and manage the assets if necessary, and report to the court.  and the buyer, Speedrack Products, Binswanger/CBB recently negotiated the sale of a 330,688 square foot building on 127 acres in Quincy, Michigan Quincy is a village in Branch County in the U.S. state of Michigan. The population was 1,701 at the 2000 census.

The village is located within Quincy Township on U.S. Highway 12. Note: there is also another Quincy Township in Houghton County.
.

The property is located at 42 Cole Street. Sale price was not disclosed.

The facility was formerly used to manufacture vinyl windows and features modern manufacturing and warehouse space with ceiling heights to 30' clear, 60' bays, 23 tailgate A conversion layer that lets IDE devices connect to the IEEE 1394 Firewire interface.  loading docks, rail and a paint system.

The buyer, Speedrack Products, is one of America's leading suppliers of pallet racking and storage systems and is in the process of upgrading the facility to meet their specific manufacturing requirements. Over 200 new jobs will be created when the facility becomes operational.

Headquartered in Philadelphia, PA, Binswanger/CBB is a member of Chesterton Blumenauer Binswanger, a global full-service real estate organization with over 160 offices worldwide throughout the U.S.A., Canada, Mexico and South America South America, fourth largest continent (1991 est. pop. 299,150,000), c.6,880,000 sq mi (17,819,000 sq km), the southern of the two continents of the Western Hemisphere. , the U.K. and Europe, the Middle East, Asia, South Africa South Africa, Afrikaans Suid-Afrika, officially Republic of South Africa, republic (2005 est. pop. 44,344,000), 471,442 sq mi (1,221,037 sq km), S Africa.  and Australia.
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Comment:Binswanger/CBB Arranges Major Sale in Quincy, Michigan.
Publication:Business Wire
Geographic Code:4EUUK
Date:Jul 30, 2002
Words:174
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