TF, which acquires and develops commercial and industrial real estate in the area, plans to refurbish the property before offering it for lease. The seller, Brentwood, TN-based Doane Pet Care Co., manufactures pet food, which is sold primarily under private label to regional and national grocery, mass merchant, and warehouse club retail chains. It is a publicly traded company that also makes some nationally branded pet food and lays claim to being the world's largest manufacturer of dry pet foods.
Doane has approximately 24 production facilities across the US. Its decision to sell the Dublin plant came as a result of improved manufacturing efficiencies at other locations. Philadelphia-based Binswanger/CBB negotiated the transaction.
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