JLL Brokers $14M Sale of Industrial Center in Montgomery
October 19, 2020
JLL has organized the $14.3 million sale of the WestRock Corrugated Box Manufacturing Center, a 240,714-square-foot production as well as distribution facility in Montgomery, AL.
. The fully-leased center was developed for WestRock, one of the biggest corrugated box and also specialized paper items business on the planet. The center is made use of to produce and distribute corrugated boxes and also attributes 22-foot clear elevations, 23 dock doors along with two with ramps, LED lights, a two-story office area and also an inner CSX rail spur for heavy material loading. The residential or commercial property lies at 111 Folmar Parkway as well as is within the 700-acre Montgomery Interstate Industrial Park.
Britton Burdette, Dennis Mitchell, Matt Wirth and Crosby Taylor of JLL stood for the seller, a personal investor, in the purchase. Virginia-based Gladstone Commercial acquired the property.
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Share this short article Tags: Purchase, Industrial Released at Mon, 19 Oct 2020 15:39:51 +0000