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Binswanger Acts as Tenant Representative for Oneida's New, 500,000 Sq. Ft. Distribution Center in Pembroke, GA.


ATLANTA -- Binswanger is pleased to announce its role as exclusive representative for Oneida in the negotiation of a long-term Long-term

Three or more years. In the context of accounting, more than 1 year.


long-term

1. Of or relating to a gain or loss in the value of a security that has been held over a specific length of time. Compare short-term.
 lease in a brand-new, 500,000 sq. ft. distribution center situated on 32 acres in Interstate in·ter·state  
adj.
Involving, existing between, or connecting two or more states.

n.
One of a system of highways extending between the major cities of the 48 contiguous United States.

Noun 1.
 Centre, a 270-acre industrial park located in Pembroke, GA.

The new facility is currently under construction and is expected to be completed by the end of 2006. Nearly 150 workers are expected to be employed once the property is fully operational.

Currently operating out of a distribution center in New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
, Oneida decided to move its operations to Georgia due to the convenient transportation infrastructure it offers, especially its ports.

"We are very pleased to have been able to assist Oneida in relocating to a facility that better suits their needs," commented Dan Stubbs, Vice President of Binswanger's Atlanta office.

Oneida, headquartered in Oneida, NY, is a leading importer flatware, dinnerware, glassware, china, and linens Linens are fabric household goods, such as pillowcases and towels.

Originally, many, such as bed sheets and tablecloths, were made of linen. Today, the term "linen" has come to be applied to all related products even though most are made of cotton, various synthetic
. Founded in 1848, Oneida's products are currently sold in over 75 countries.

Headquartered in Philadelphia, PA, Binswanger is an international full-service real estate organization with 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, and Asia.
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Publication:Business Wire
Date:Aug 7, 2006
Words:197
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