Inman

Millwork co. expands business with Texas acquisition

Binswanger recently represented IMI Cornelius in the sale of its 92,000-square-foot industrial building with acreage in San Antonio, Texas.

The value of the transaction was not disclosed.

Dimension Millworks Inc., a manufacturer of various types of millwork, including doors, sashes, flooring and cabinetry, purchased the property, which is located at 702 San Fernando St. It was already leasing a portion of the building at the time of purchase and is expanding its operations with the acquisition.

IMI Cornelius, a global supplier of beverage dispensation and cooling equipment based in Osseo, Minn., sold the one-story property, which features 24-foot-high ceilings, numerous truck doors and office space.

Philadelphia-based Binswanger is an international, full-service real estate organization with offices throughout the U.S.A., Canada, Mexico and South America, the U.K. and Europe, the Middle East, and Asia.