THOMSON, GA—An affiliate of New York City-based Lexington Realty Trust has reached a development agreement with Red Rock Developments, LLC of Columbia, SC to build a new manufacturing and warehouse facility here.
Red Rock will build a new 208,000-square-foot manufacturing and warehouse facility for Boca Raton, FL-headquartered Hollander Sleep Products, LLC, according to Lexington Realty.
The general contractor for the project is The Conlan Company and the designers are MCA Architects and the Timmons Group.
Construction is scheduled to be completed on the facility in June 2015.
Lexington Realty Trust is a real estate investment trust that owns a diversified portfolio of equity and debt interests in single-tenant commercial properties and land. Lexington seeks to expand its portfolio through acquisitions, sale-leaseback transactions, build-to-suit arrangements and other transactions. A majority of these properties and all land interests are subject to net or similar leases. Lexington also provides investment advisory and asset management services to investors in the single-tenant area.
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