Wednesday, February 27, 2013

Five Closed Quad/Graphics Plants Sold

http://thewritingfiendatlarge.files.wordpress.com/2013/02/new-mill-capital-llc-of-los-angeles-acquires-five-property-quad-graphics-portfolio-looking-to-reinvest-in-facilities-tenants-and-jobs-2-25-13-press-release.pdf 
The five-facility transaction closed Friday, Feb. 22, for an undisclosed price, with New Mill Capital (NMC) already selling off one piece on closing day: a former Quad/Graphics printing plant in Jonesboro, Ark., to a confidential buyer, a national brand in the packaging industry committed to creating new jobs via expanded packaging lines. The four remaining Quad/Graphics properties, including a spectacular printing plant in Virginia, are being recast in signature IRG/NMC mode of adaptive reuse, to maximize value for client(s), buyers, sellers and communities alike.