Binswanger Orchestrates $3.2M Investor Sale in Hickory, NC.PHILADELPHIA -- On behalf of the Charles Martel Charles Martel (märtĕl`) [O.Fr.,=Charles the Hammer], 688?–741, Frankish ruler, illegitimate son of Pepin of Heristal and grandfather of Charlemagne. Family Trust, Binswanger is pleased to announce the investment sale of an 89,000 sq. ft. office building located at 200 First Avenue in Hickory Hickory, city, United States Hickory, city (1990 pop. 28,301), Burke and Catawba counties, W N.C., at the foot of the Blue Ridge Mts.; inc. 1870. It is a processing and trade center for an abundant agricultural region (grain, soybeans, poultry, hogs, , N.C. The sale price was $3,200,000. This property had belonged to the Martel family since Charles Martel's grandfather built it 30 years ago for the First National Bank of Catawba County. Wachovia later acquired the local bank and net leased the property. This lease expired ex·pire v. ex·pired, ex·pir·ing, ex·pires v.intr. 1. To come to an end; terminate: My membership in the club has expired. 2. at the end of 2004. The Charles Martel Family Trust engaged Binswanger in 2004 to provide leasing and investment advisory services advisory services advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal for the property. Consolidations over the years had led Wachovia to acquire some subtenants. In addition to renegotiating Wachovia's lease, Binswanger secured direct leases with each of the former subtenants, after which, Binswanger negotiated the sale of the building to a local investor. 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 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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