Representing Tecumseh Products Co., Binswanger has arranged the sale of a 342,475-square-foot building on 53 acres in Douglas, Ga.
The value of the transaction was $4 million.
Mansfield, Mass.-based American Insulated Wire Corp. purchased the property, which is located at 1545 Kellogg Drive. The company will run a manufacturing operation at this facility, which is crane-served and features ceiling heights to 30-feet clear.
Tecumseh Products Co., which builds hermetic compressors, gasoline engines and power train components, submersible pumps, and small electric motors, decided to sell the facility after it consolidated its manufacturing operations and halted production at the facility over a year ago.
Philadelphia-based Binswanger is an international full-service real estate organization with more than 160 offices worldwide.
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