Minneapolis, MN – July 20, 2010 – Binswanger, on behalf of Ametek, Inc., is pleased to announce the sale of a 209,166 sq. ft. manufacturing facility to Treasures Media, Inc. The property is situated on over 20 acres of land at 2745 Chicory Rd in Mount Pleasant, Wisconsin.
The seller, Ametek, Inc., is headquartered in Paoli, Pennsylvania and manufactures electronic instruments and electromechanical devices at more than 80 production facilities worldwide.
The buyer, Treasures Media Inc., is a wholesale book distributor headquartered in Racine, Wisconsin. The company has experienced tremendous growth since its establishment in 2002. “It is always encouraging to see a local business such as Treasures Media being able to expand into such a great facility. The news of company growth and expansion is always a welcomed result in today’s challenging economy” said Gerry Norton, Senior Vice President of Binswanger’s Minneapolis, Minnesota office who negotiated the transaction.
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.