Montgomery, AL (August 2013) – Industrial Partners recently announced its sales and lease transactions for the month of August. Included are the following:
1. The sale of 94 acres located at 1451 Louisville Street, Montgomery, Alabama. The land, owned by Kopper’s Inc., was purchased by Infinitus Energy. The materials recycling facility will be called Infinitus Renewable Energy Park at Montgomery and will be one of the first of its kind in the country. This $35 million dollar capital investment will bring 110 new jobs to the area, and long term environmental benefits in the efforts to go green.
“This facility will be an excellent reuse of the Louisville St. land and be incredibly beneficial in Montgomery’s progression to becoming more environmentally proactive” stated Nim Frazer, SIOR, Owner/Manager of Industrial Partners, who represented the seller during the transaction.
2. The expansion and relocation of KJ USA to 780 Industrial Park Blvd, unit D. KJ USA is a subsidiary company of KWANGJIN WINTEC in Korea. KJ USA is an automotive seat warmer supplier to DAS, KIA, Hyundai, and LEAR.
“Industrial Partners is excited to have KJ USA in our building in Montgomery Industrial Park. They are positioned to grow and expand in their new space as the automotive business in Alabama expands.” –Nim Frazer, SIOR, Owner/ Manager of Industrial Partners.
3. The lease of units K, L-M at 2778 Gunter Park Drive to the State of Alabama Department of Transportation. The Office of Fleet Management will assess the State’s current fleet of vehicles and focus on the proper management of fuel efficiency and maintenance.
“We are very appreciative to have ALDOT select our space to locate this new Fleet Management operation in Gunter Industrial Park. We were able to make minor modifications to an existing space to fit their requirements at an attractive rental rate.” –Nim Frazer, SIOR, Owner/ Manager of Industrial Partners.