CHARLOTTE, NC-Consumer Programs Inc., a subsidiary of CPI Corp.,has agreed to sell an industrial facility and two land parcels inCharlotte for $1.6 million. Charlotte-based Worldwide Ventures Inc.will pay $1.4 million for the 59,492-square-foot industrialfacility and $100,000 each for the land parcels. The deal is slatedto be closed by October 18.
The building, constructed in 1987, is located at 11001 ParkCharlotte Blvd. CPI acquired the facility in 2007 as part of its$82.5-million acquisition of Portrait Corp. of America. For thefull story, go to St. Louis Business Journal .
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