Atlanta, GA – February 1, 2012 – On behalf of Matsu Properties, Inc., Binswanger is pleased to announce the sale of a 130,329 sq. ft. industrial building on 66.97 acres located at 200 Piedmont Circle in the LaGrange Industrial Park in LaGrange, Georgia.

Daewon America, Inc., the buyer, is a unit of Seoul, South Korea-based Daewon Kangup, who makes springs and torsion bars for the automotive industry.  The company is a KIA supplier and will be located in close proximity to KIA’s Georgia plant.

The modern, single-story industrial facility was formerly used by Takata/Inflation Systems for the production of automotive air bag inflators.  The property is located approximately two miles from I-85 and 58 miles to Atlanta’s Hartsfield-Jackson International Airport.

The transaction was handled by Dan Stubbs, Vice President in Binswanger’s Atlanta, Georgia office. 

Headquartered in Philadelphia, Pennsylvania, Binswanger is an international full-service real estate organization with offices worldwide throughout the United States, Canada, Latin America, Europe, the Middle East, and Asia.