BUFFALO, NY-The owners of a box and crate manufacturing company based in Tonawanda have sold their facility in Tonawanda to a local investment group in a sale-lease back deal. Kimcar LLC, a subsidiary of Wisconsin Box Co., sold the 98,750-square-foot building to 99 Wales Avenue LLC for $1.75 million.
Kimcar has agreed to remain in the building as tenant. The deal also includes 7.64-acre land. Rob Cowing of Buffalo-based Pyramid Brokerage Co. brokered the transaction. For the full story, go to Buffalo Business First .
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