Binswanger Named Exclusive Agent for Sale of Major Facility in Kalamazoo, Michigan


SOUTHFIELD, MI--(Marketwire - March 8, 2010) -  Binswanger has been named exclusive agent by American Greetings Corporation for the sale of an exceptional, one-story 605,640 sq. ft. building situated on 44.3 acres at 3825 Emerald Drive, Kalamazoo, Michigan. Asking price is $7,850,000.

This prime, food grade manufacturing and distribution facility features steel frame structure with insulated metal and 8' block walls, 6"-8" reinforced concrete floors, ceiling heights to 30'; steel columns spaced 40' x 50' and 42' x 55'; heavy power capacity, 100% wet sprinkler system; 15,000 sq. ft. of air-conditioned office; 27 loading docks and 4 overhead drive-in doors; and approximately 335 parking spaces.

The property is strategically located in the proactive business-minded community of Kalamazoo, midway between Chicago and Detroit along I-94, within one mile of exits #78 and #80.

Binswanger is aggressively marketing the property to a wide variety of manufacturers as well as users in the warehouse and transportation industry.

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

Contact Information:

CONTACT:
Tamar Arslanian
215-448-6207
215-448-6238 FAX