4,000 square foot warehouse leased.
Jeff represented the Landlord, Crittenden Gin Company, in the securing the long-term lease agreement. Caleb Park of Cushman & Wakefield Commercial Advisors in Memphis, TN represented the Tenant, Magneco/Metrel.
Founded in 1981, Magneco/Metrel is a privately owned manufacturer of support equipment for steel manufacturing. Formed by the merger of two small businesses, the innovative company distributes products world-wide.
Success can be measured in a number of ways, but this transaction was definitely a win-win for everyone involved, no matter how you look at it. Not only was this facility a perfect fit for Magneco/Metrel - due to its close proximity to Memphis, TN and direct access to Mississippi County and the counties surrounding it - but Magneco/Metrel was the perfect tenant for the Landlord.” - Jeff Armstrong | Haag Brown Industrial
We are excited to have helped facilitate this new partnership and hope both parties have continued success in their future endeavors at this location.