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ALBUQUERQUE-Illinois-based Sparton Corp. has announced the sale of a manufacturing facility recently occupied by Sparton Technology Inc. The 109,835-square-foot facility located at 8500 Bluewater Rd. NW was sold for a total amount of $4.5 million.

Since the deal is still under contract, the buyer of the property was not disclosed. Sparton bought the property from Honeywell. After remodeling the facility, the firm opened it for business in November 2004. Jim Smith of CB Richard Ellis listed the property for sale. For the full story, go to New Mexico Business Weekly.

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