TWO CORFAC FIRMS ARRANGE 192,500-SQUARE-FOOT INDUSTRIAL LEASE

IOWA CITY, IOWA — Two CORFAC International firms have joined together to represent a tenant in a 192,500-square-foot industrial lease in Iowa City. Alliance Display, a division of paper board manufacturer Rock-Tenn Co., leased the space, which is located at 2651 Industrial Park Rd. in the Scott Six Industrial Park. The business park is owned by Russell A. Gerdin Revocable Trust UWA. Kevin Crowley and Jason Lozano of Iowa Commercial/CORFAC International teamed up with Jeff Graham of King Industrial Realty of Florida/CORFAC International to represent Alliance Display and serve as the sole brokers in the deal. The tenant will use the space for the packaging of consumer goods in displaces made at the company’s main factory Winston-Salem, N.C. The lease is valued at more than $3.6 million.