We Pack Logistics buys 311,000 SF for use as a warehouse and distribution center.

PARIS, TX-General Plastics Foam Corp. sold a single-story, 311,000-square-foot manufacturing and distribution building to third-party logistics company We Pack Logistics LP. The buyer plans to use the facility for warehousing and distribution activities.

The industrial building is situated on 25.8 acres at 2320 Loop Highway 286 NW in Paris, a city located approximately 70 miles northeast of the Dallas-Fort Worth area. The asset is also adjacent to US 82 and has 32′ ceiling heights, six-inch reinforced concrete floors, 18 dock-high doors, eight silos for plastic pellet storage and approximately 8,600 square feet of finished office space.

Kipp Collins, vice president with Binswanger’s Dallas office, brokered the transaction.