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Ashley Furniture Closes on N.C. Facility

By Aggregated Content in Business Strategy on July 30, 2012 from http://www.costar.com/News/Article/Ashley-Furniture-Acquires-Advance-Manufacturing-Facility/140200

Ashley Furniture Industries, Inc. closed on its $10.44 million acquisition of a 1.38 million-square-foot industrial building in Advance, N.C.

Schwarz & Schwarz sold the manufacturing facility, previously occupied by RJ Reynolds. Schwarz originally acquired the property in a sale leaseback, which Reynolds decided not to renew past the original term. 

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