2009-11-09 20:26:04 -

PHILADELPHIA, PA -- (Marketwire) -- 11/09/09 -- On behalf of Syroco, Inc., Binswanger is pleased to announce the sale of a 382,434 sq. ft. building on 59 acres. The property is located at 1700 East Quarter Road in Siloam Springs, Arkansas.
Sale price is $2,600,000.



Binswanger was retained by the Owner, Syroco, Inc., who was in a Chap. 7 bankruptcy, to dispose of the property, as well as two others in New York State.



The buyer, Simmons Pet Food, Inc., is one of the largest canned pet food private label and co-branded manufacturing businesses in the United States.
Simmons plans to utilize the facility for warehousing pet food.



"We marketed the building very aggressively," stated Jim Panczykowski, Vice President of Binswanger. "We were able to generate substantial interest from local, regional, national and international companies."



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.

CONTACT:
Ellen Weiss
215-448-6216
215-448-6097 FAX