SUPERWATT POWER ACQUIRES PROPERTY IN SUFFOLK INDUSTRIAL PARK

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SUFFOLK, VA. — Superwatt Power International Co., one of the largest generator set manufacturers in China, has acquired a 30,525-square-foot industrial facility at 1013 Obici International Blvd. in Suffolk for $1.5 million. Superwatt plans to occupy the facility, which will be known as Grandwatt Electric Corp. Bobby Phillips and Jeffrey Cooke of Cushman & Wakefield represented the seller, Wells Fargo Bank, in the transaction.

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