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Binswanger Arranges Lease of Major Property in Phenix City, Alabama.


ATLANTA -- Representing the lessor, Binswanger is pleased to announce the recent lease of 45,000 sq. ft. of a 450,000 sq. ft. building at 903 Fontaine Road in Phenix City, Alabama Phenix City is a city located mostly in Russell County, Alabama, and partly in Lee County. As of 2006, the population of the city is 30,067, according to Census Bureau estimates. .

The lessee, Johns Manville is a leading manufacturer of premium-quality building insulation Thermal insulation in buildings is an important factor to achieving thermal comfort for its occupants. Insulation reduces unwanted heat loss or gain and can decrease the energy demands of heating and cooling systems. , commercial roofing, roof insulation, and specialty products for commercial, industrial, and residential applications. The company is utilizing the warehouse space to support their existing insulated pipe manufacturing operations Manufacturing operations concern the operation of a facility, as opposed to maintenance, supply and distribution, health, and safety, emergency response, human resources, security, information technology and other infrastructural support organizations.  in Phenix City Phenix City (fē`nĭks), city (1990 pop. 25,312), a seat of Russell co., E Ala., on the Chattahoochee River opposite Columbus, Ga., in a cotton area; inc. 1883. Textiles are manufactured there. .

The lessor, Girard Partners, LP is a local investor.

This building features concrete block, masonry and tilt-up concrete walls; 6" reinforced concrete reinforced concrete

Concrete in which steel is embedded in such a manner that the two materials act together in resisting forces. The reinforcing steel—rods, bars, or mesh—absorbs the tensile, shear, and sometimes the compressive stresses in a concrete
 floors; all utilities; and is rail served by Norfolk Southern.

There are a remaining 405,000 sq. ft. still available for lease.

Headquartered in Philadelphia, PA, Binswanger 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, and Asia.
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Publication:Business Wire
Geographic Code:1USA
Date:Jan 6, 2006
Words:156
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