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Brokerage
Posted: September 8, 2014
Mancuso of Mancuso Management Inc. brokers 204,000 s/f sale
B. Thomas Mancuso, SIOR of Mancuso Management Inc. brokered the sale of a 204,000 s/f industrial building to a local manufacturing business.
The factory and warehouse at 274 Sandusky Rd. had been started in 1952 for a manufacturing purpose. In 1970 a 170,000 s/f addition was built to accommodate growth in assembly and warehousing activities. The property was converted to multi-tenant use and acquired by the Arcade Properties investment partnership in the 1980's.
The buyer, Steel & O'Brien Manufacturing, Inc., is a domestic manufacturer of sanitary stainless steel fittings for the food processing, pharmaceutical and various other industries.
Mancuso Management has provided brokerage and leasing services to the owners since 1988.
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