SOURCE: Binswanger

Binswanger

November 04, 2013 14:13 ET

Binswanger Named Exclusive Agent for 131,580 Sq. Ft. Industrial Building in Cortland, New York

NEW HAVEN, CT--(Marketwired - Nov 4, 2013) - Binswanger has been named exclusive agent by BorgWarner, Inc. to represent them with the sale of a modern, single-story industrial facility totaling 131,580 sq. ft. on approximately 24.03 acres. The property is located at 3690 Luker Road in Cortland, New York and is minutes from I-81.

Constructed in 1989, the BorgWarner property is one of the premier industrial buildings presently on the market in Central New York State. A wide-open floor plan, clear ceiling heights to over 21', wide-column spacing and a heavy infrastructure load including a 12,500 amp electrical service make the property suitable for many different industrial uses. Also of note, the Cortland property was originally built as a warehouse and that use-type could easily be recaptured.

Located just off I-81 the property is hooked into one of the major transportation networks in the Northeast that provides access to over one-third of the United States population and two-thirds of the Canadian population within a day's drive. Combining the functionality of the building and the prime transportation network with a nationally recognized, and college/university supported labor pool makes the BorgWarner plant a must-see property for any company looking to locate or expand in the Northeast. 

Binswanger is aggressively marketing the property to manufacturers of food, beverage and tobacco, wood, chemical, plastics and rubber, fabricated metal, hardware, machinery, electrical equipment, motor vehicle body and trailer, aerospace, and furniture; as well as prospects in mining, transportation and warehousing and education services industries.

Headquartered in Philadelphia, PA, Binswanger is an international full-service real estate organization with offices worldwide throughout the United States, Canada, Latin America, Europe, the Middle East, and Asia. 

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