BINSWANGER ARRANGES $2M SALE OF WAREHOUSE/DISTRIBUTION CENTER

WINNSBORO, S.C. — Binswanger has brokered the $2 million sale of a single-story, 311,982-square-foot warehouse and distribution building, located at 392 U.S. Highway 321 Bypass North in Winnsboro, about 33 miles north of Columbia. Technology manufacturer Element Electronics plans to relocate its flat screen television operations from a facility in China to the Winnsboro site. The $7.5 million investment will create as many as 500 jobs within the next five years. The property features 27-foot clear ceiling heights, energy-efficient T5 lighting, 7,000 square feet of air-conditioned office space and 27 dock doors. David Barber of Binswanger’s Atlanta office and Shaun Kirchin of the firm’s Columbia, S.C. office represented the seller, Perry Ellis International Inc., in the transaction.