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Binswanger Arranges Sale of Major Property in Prattville, Alabama.


ATLANTA -- Binswanger is pleased to announce the sale of the 91,880 sq. ft., former Bemis Company Bemis Company, Inc. is an American manufacturer of flexible packaging products and pressure-sensitive materials, which are distributed worldwide. Bemis is part of the S&P 500 index. References
  • Form 10-K and Annual Report as of December 31, 2006
, Inc. property located at 1107 Doster Road in Prattville, AL. The property sold for $1,675,000.

The seller, Bemis Corporation, Inc., is a global manufacturer of flexible packaging and pressure sensitive materials with annual sales reaching $2.8 billion. They are headquartered in Minneapolis, Minnesota “Minneapolis” redirects here. For other uses, see Minneapolis (disambiguation).
Minneapolis (pronounced IPA: /ˌmɪniˈæpəlɪs/) is the largest city in the U.S.
.

This amazing one-story building features metal and concrete walls; 6" and 8" 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; ceiling heights to 65' clear in extrusion area; columns spaced 30' x 50'; 100% wet system; all utilities; 6,200 sq. ft. of modern office space including lobby and reception area, two open clerical areas, nine private offices, and more; five 8' x 10' tailgate A conversion layer that lets IDE devices connect to the IEEE 1394 Firewire interface.  high doors with levelers Levelers or Levellers, English Puritan sect active at the time of the English civil war. The name was apparently applied to them in 1647, in derision of their beliefs in equality.  and one 12' x 14' drive-in door; one 5-ton crane, 60' underhook; and rail served by Norfolk Southern Railroad.

The buyer, Lonestar Plastics, Inc., is a polyethylene film product manufacturer, producing items such as can liners, specialty bags, printed bags and box liners. Headquartered in Garland, Texas Garland is a city in Dallas County, Texas, (USA). It is a northeastern suburb of Dallas and is a major part of the Dallas-Fort Worth Metroplex. As of the 2000 census, the city had a population of 215,768, making it the tenth-most populous city in Texas and the eighty-sixth most , Lonestar Plastics purchased the property in an effort to expand their operations.

Dillon Corporate Services, Inc. of Dallas, Texas, served as a co-broker on this deal.

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, the U.K. and Europe, the Middle East, Asia and Australia.
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Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Jun 6, 2005
Words:236
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