SOURCE: Binswanger


October 20, 2009 10:00 ET

Binswanger Brokers Major Sale in Dahlonega, Georgia

ATLANTA, GA--(Marketwire - October 20, 2009) - On behalf of its client, Mohawk Industries, Binswanger is pleased to announce the sale of a 342,352 sq. ft. building on 35 acres. The property is located at 215 Pine Tree Lane in Dahlonega, Georgia. Sale price is $2,100,000.

The buyer, Gold Creek Food, a subsidiary of Agora Foods, supplies poultry to restaurants, institutions and grocery stores. Gold Creek is expanding their operations and will utilize the plant in Dahlonega for chicken processing and cooking. They are proceeding with renovations needed for specialty equipment used in further processing of poultry. Gold Creek plans to eventually employ as many as 1000 people in Dahlonega.

The leading producer and distributor of flooring worldwide, Mohawk Industries utilized the facility in Dahlonega as a carpet yarn spinning facility since 1955.

David Barber, Senior Vice President of Binswanger, stated, "We were very excited to be a part of this transaction, which will result in the creation of so many new jobs in Dahlonega." Industrial Properties Group represented the buyer.

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