Binswanger Brokers Sale in Whitsett, North Carolina


CHARLOTTE, NC--(Marketwire - September 1, 2009) - On behalf of its client, Pass & Seymour, Binswanger is pleased to announce the sale of a 153,865 sq. ft. building on 22 acres to Machine Specialties, Inc. The property is located at 6511 Franz Warner Parkway in Whitsett, North Carolina.

The seller, Pass & Seymour, is the North American arm of the LeGrand Group, a global specialist in products and systems for electrical installations and information networks in residential, commercial and industrial buildings.

Machine Specialists, Inc., the buyer, is a leading contract machining and metal finishing company which will expand their current operations in the Whitsett facility. Machine Specialists, Inc. was represented by Triad Commercial Properties.

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: Ellen Weiss 215-448-6216 215-448-6097 FAX