"They wanted to go ahead and secure the building for a reallylong time. This facility is very important to Abitibi," GaryLindsey, senior vice president in Dallas for Santa Ana, CA-basedGrubb & Ellis Co., tells GlobeSt.com. Abitibi's recyclingoperation spans 5.37 acres at 1921-25 Meridian St.
Lindsey worked out a direct deal with David Castro, theDenver-based DCT Industrial Trust's man on the ground inDallas/Fort Worth. The processing facility is a rail-servedlocation where newsprint, corrugated boxes and other recyclablepapers are bundled and shipped via train to paper mills. Thepublicly traded company is one of the world's largest recyclers ofnewspapers and magazines and is the eighth largest pulp and papermanufacturer with 31 locations and another 35 wood productsfacilities in the US, Canada, UK and South Korea.
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