Ashley Furniture Closes Property Deal in N.C.

June 28, 2012  by in UnCategorized   

By Aggregated Content in Acquisition on June 29, 2012 from http://charlotteraleighrealestate.citybizlist.com/14/2012/6/28/Ashley-Furniture-Closes-on-306-Acre-Site-in-Advance-NC.aspx

Ashley Furniture has aquired the 1.376 million square foot manufacturing complex on 306 acres at 916 Baltimore Road in Advance, N.C.

The transaction was handled by Doug Faris, Senior Vice President in Binswanger's Charlotte, N.C., office. Financials were not immediately available. Ashley Furniture Industries, Inc., the furniture manufacturer and retailer, will use the site for a distribution and manufacturing operation that will employ 550 people and eventually create up to 1,100 jobs.

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