Binswanger/CBB Named Exclusive Agent for Sale or Lease of Facility in Wilson, North Carolina.

Business Editors/Real Estate Writers

CHARLOTTE, N.C.--(BUSINESS WIRE)--March 22, 2004

Linpac Plastics has named Binswanger/CBB exclusive agent for the sale or lease of a 108,450 sq. ft., two-building facility on 28 acres in Wilson, NC. The facility is located at 2540 Wilco Boulevard.

The manufacturing building is a one-story, 57,700 sq. ft. building featuring steel columns spaced 25' x 45'; ceiling heights to 20' clear; 100% wet sprinkler system; compressed air, air lines throughout; four 8' x 10' dock-high doors and one 12' x 14' drive-in door. The warehouse is a one-story, 50,750 sq. ft. building featuring steel columns spaced 30' x 40'; ceiling heights to 22' clear; an ESFR sprinkler system; and one 14' x 16' drive-in door. Dock-high loading can be added. Both feature a 6" reinforced concrete floor; insulated metal panel walls; all utilities; metal halide and fluorescent lighting and are rail served by CSX. A pad is graded and ready for a 150,000 sq. ft. expansion. Binswanger/CBB is aggressively marketing this property to plastics manufacturing companies and other users.

Strategically located, the property is minutes to US Highway 301 which provides convenient access to I-95 and the Raleigh-Durham International Airport.

Headquartered in Philadelphia, PA, Binswanger/CBB is a member of Chesterton Blumenauer Binswanger, 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.