SOURCE: Binswanger


June 17, 2009 14:49 ET

Binswanger Brokers Major Land Sale in Temple, Texas

DALLAS, TX--(Marketwire - June 17, 2009) - On behalf of its client, H-E-B, Binswanger is pleased to announce the sale of a 160-acre property in the Temple Industrial Park in Temple, Texas.

The buyer, H-E-B, is one of the largest privately held food retailers in Texas. The San Antonio-based company plans to construct a 400,000 sq. ft. distribution center that will serve its stores in north central Texas. H-E-B expects to employ 112 workers at their new facility. The strategic location, including the excellent highway system and rail access, contributed to the decision to locate in Temple. H-E-B currently operates 300 stores in Texas and Mexico, and employs 70,000 people.

The Temple Economic Development Corporation (TEDC) and City of Temple was the seller.

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

    Ellen Weiss
    215-448-6097 FAX