Binswanger Brokers $4.8M Property Sale to Sumner County Board of Education in Gallatin, TN


ATLANTA, GA--(Marketwire - November 24, 2008) - On behalf of the seller, Fleetwood Homes of Tennessee, Inc., Binswanger is pleased to announce the multi-million dollar sale of a 184,845 sq. ft. building with acreage to Sumner County of Tennessee Board of Education. The property is located at 1500 Airport Road in Gallatin, Tennessee.

The buyer, Sumner County of Tennessee Board of Education, plans to utilize the facility for their school bus maintenance operations.

Fleetwood Homes of Tennessee's parent company, Fleetwood Enterprises, Inc., (NYSE: FLE) is a Fortune 1000 company headquartered in Riverside, California. Through its subsidiaries, the company is one of North America's largest producers of recreational vehicles and manufactured homes. Fleetwood ceased its mobile home manufacturing operations at the Gallatin plant in early 2008.

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, and Asia.

Contact Information: CONTACT: Leslie Young 215-448-6239 215-448-6097 FAX