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Tag Archives: industrial

New Jersey investment firm buys industrial building for $16.2M

OLIVE BRANCH — Monmouth Real Estate Investment Corporation of Freehold, N.J., has acquired a 234,660-square-foot industrial building located at 8644 Polk Lane, Olive Branch, at a purchase price of $16.2 million. The property is net-leased for 10 years to Anda Pharmaceuticals Inc., a distribution division of Watson Pharmaceuticals Inc. The building is situated on approximately 12.3 acres. It is a ...

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Chain manufacturer to occupy ex-Yorozu plant

VICKSBURG — A Missouri-based company says it plans to open a manufacturing plant in Vicksburg later this year and to begin full production of heavy-duty chains within a year. Laclede Chain Manufacturing Company, LLC of St. Louis bought a former automotive parts plant in August. Yorozu Automotive Mississippi had shut down in 2008. Laclede CEO Jim Riley tells The Vicksburg ...

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