Industrial Real Estate for the Tennessee Valley Region

Baker Realty Company Sells Two Industrial Properties

October 14, 2014, Knoxville and Sweetwater TN

Baker Realty Company has arranged the sale of two industrial properties in Knoxville and Sweetwater, TN.

The Brunswick Corporation, parent to Sea Ray Boats, sold the Sea Ray River View property to Laurel Properties a locally based investment company. The property is located in Forks-of-the-River Industrial Park and consists of 50 acres with a former boat manufacturing facility containing 202,000 square feet. The property sold in September for $2,435,000.

SeaRay_Riverview_104

 

Tillman Keller was the Seller to Mastermelt America in Sweetwater Industrial Park of the 34,000 square foot manufacturing building, known as the former Mid Lab property. The building is situated on 15 acres and is located adjacent to Mastermelt America other two facilities. The property sold for $799,000.

Sweetater_Building_101

Bob Thornton of Baker Realty Company represented the Buyer and Seller in both transactions.

Contact:
Bob Thornton, SIOR
Baker Realty Company
865-450-2999
www.bakerrealtycompany.com