Binswanger/CBB Arranges Sale of Former Valeo Facility at Alliance Industrial Park in Fort Worth, Texas.

Business Editors

DALLAS--(BUSINESS WIRE)--March 29, 2004

Binswanger/CBB recently negotiated the sale of Valeo's one-story, 67,100 sq. ft. building located at 3100 Eagle Parkway, in the exclusive Alliance Airport Development. This three-year-old, architecturally award-winning building sold for $3,750,000.

Motivating Graphics, Inc. purchased the property. Spanning three generations, this family-owned and operated company is a full-service printing company, specializing in technical manuals. Their client list includes top names such as Motorola, for whom they print cell phone instruction manuals. Motivating Graphics, Inc. is expanding their business to better serve Motorola's 400,000 sq. ft. Fort Worth facility, which coincidentally, was also a transaction handled by Binswanger/CBB.

The seller, Valeo, is one of Europe's largest car parts suppliers and they make components for most major truck and car manufacturers. They have 129 plants, 65 R&D centers, 9 distribution centers and employ 68,200 people worldwide. Valeo no longer needed this property because they sold the business using it to Jabil Circuit.

Headquartered in Philadelphia, PA, Binswanger/CBB is an international, full-service real estate organization, with over 160 offices worldwide throughout the U.S.A., Canada, Mexico and South America, the U.K. and Europe, the Middle East, Asia and Australia.