Agracel, Inc. purchased the 60,000 square foot manufacturing facility, situated on 30 acres, from Lacks Industries as an investment. Agracel will lease the facility to Setterstix, a German-based manufacturer of paper sticks to the confectionery, food, pharmaceutical, novelty, and health and beauty care industries.
Brian J. Young, CCIM, SIOR, Elliott Fayssoux and Kacie Jackson, SIOR of Cushman & Wakefield | Thalhimer handled the sale negotiations on behalf of the seller. Dianne Jones of Development Advisors, LLC d/b/a MAXIS Advisors handled the negotiations on behalf of the buyer and the tenant.
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