Binswanger Brokers Major Sale in Little Rock, Arkansas


LITTLE ROCK, AR--(Marketwire - January 27, 2010) - On behalf of Wheatland Tube & Conduit Corp, Binswanger is pleased to announce the sale of a 358,300 sq. ft. building on 44 acres. The property is located at 8200 Frazier Pike in Little Rock, Arkansas.

The seller, Wheatland Tube & Conduit Corp., provides quality pipe and tube products, and is one of the oldest and largest manufacturers of continuous weld and electric weld tube products.

The buyer, Welspun Pipes (Welspun Gujarat Stahl Rohren Ltd. / Welspun Tubular, LLC), is an India-based company, and is the second largest pipe producer in the world.

The property features 8" and 10" concrete floors, ceiling heights to 40' clear; all utilities; four air compressors, 22 grade-level truck doors and two dock-high doors; nine cranes; and is rail served by BNSF.

Strategically located, the property is within the Little Rock Port and is minutes to deep water barge access, Interstates 440, 40 and 30, and the Little Rock National Airport.

Headquartered in Philadelphia, PA, Binswanger is an international full-service real estate organization with offices worldwide throughout the US, Canada, Mexico and South America, the U.K. and Europe, the Middle East, and Asia.

Contact Information: CONTACT: Laurie Goldstein 215-448-6014 215-448-6238 FAX