News
BAKERY FIRES UP AGAIN
January 4, 2011
| Smells like a Lithonia food manufacturing facility is firing up the ovens again. |
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| Bullock Mannelly Partners' Patrick Laughlin tells us he helped sell 2200 Lithonia Industrial Blvd, a 189K SF facility that at one time was home to Pillsbury and most recently Miller International Baking Co, a now-defunct biscuit company founded by retired Arizona Cardinals All-Pro linebacker Jamir Miller. His baking business failed (he's since moved on and launched a line of potato chips) and the facility was foreclosed on by McIntosh Bank. And being this is all during the financial meltdown, McIntosh itself failed last year and was taken over by CharterBank, which sold the property to Rich Products, another frozen food manufacturer from Buffalo that will operate out of the property (for which it paid $2.5M). Rich Food's Dwight Gram tells us that the acquisition is part of the company strategy to expand in the southeast, where the company projects further growth. Cushman & Wakefield's Travis Jackson andAddison Meriwether brokered the deal for the buyer. |
