Binswanger Named Exclusive Agent for Sale/Partial Leaseback of Major Facility in Forrest City, Arkansas

DALLAS--(BUSINESS WIRE)--Binswanger has been named exclusive agent by Sanyo for the sale/partial leaseback of an impressive, one-story, 1,415,336 sq. ft., partially air-conditioned facility on 161 acres. The building is available for sale in its entirety. Sanyo and Foam Fabricators will remain in 653,040 sq. ft. and 53,776 sq. ft. respectively, allowing the balance of 708,520 sq. ft., available for lease. The property is located at 3333 Sanyo Road in Forrest City, Arkansas.

The building features insulated metal panel and tilt-up concrete walls; 6” reinforced concrete floors; ceiling heights to 29’; steel columns variably spaced; high pressure sodium, metal halide and fluorescent lighting; fully sprinklered; electric supplied by Entergy with 13,800 primary volts and 12 transformers that range from 150 KVA to 2,500 KVA; 41,012 sq. ft. of modern, fully air-conditioned office space; 67 - 8’ x 10’ dock-high doors and 7 grade-level doors; one 250 hp compressor and one 350 hp compressor; one 15-ton bridge crane; and Burlington Northern Santa Fe rail line borders the west side of the property.

Binswanger is aggressively marketing this property to investors and a variety of users, including manufacturers of computers and electronic products; wholesalers of automotive parts and supplies; and retailers of furniture, electronics, building materials and clothing.

Strategically located, the property provides convenient access to Interstate 40, Little Rock and Little Rock International Airport, Memphis, TN, Memphis International Airport and the Port of West Memphis.

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

*All indications of square footage are approximate