January 28, 2007

SIKESTON - One of the larger warehouse properties in Sikeston has been sold according to Tom Kelsey, commercial broker with Lorimont Place Ltd. in Cape Girardeau, who handled the recent sale. Ivan Griffin, owner of Pine Tree Trucking from Advance purchased the former Media Press building located at 835 Wakefield. The 50,000-square-foot building on 4.74 acres was sold to Griffin by Cahokia Properties in Kirkwood...

SIKESTON - One of the larger warehouse properties in Sikeston has been sold according to Tom Kelsey, commercial broker with Lorimont Place Ltd. in Cape Girardeau, who handled the recent sale.

Ivan Griffin, owner of Pine Tree Trucking from Advance purchased the former Media Press building located at 835 Wakefield. The 50,000-square-foot building on 4.74 acres was sold to Griffin by Cahokia Properties in Kirkwood.

Kelsey said it was his understanding that Pine Tree would utilize the facility for customer warehousing.

The company is a complete logistics trucking and warehousing operation. They offer a contract program of trucking, product storage, inventory and shipping services to manufacturing clients. One of their customers includes Nestle Purina Golden Cat division in Bloomfield as well as other area companies.

The Advance-based company also owns the former C & F Foods building next door in the Sikeston Industrial Park.

Kelsey said he is also marketing the industrial building at 822 Wakefield, across the street, which previously housed Patriot Heritage Homes. The 112,000-

square-foot manufacturing facility on 12 acres was used until recently as a modular home plant.

According to Kelsey, he has fielded several calls from prospective buyers over the last several weeks as a result of national marketing. Some showings have already been done and future tours are planned from the various inquires. The Lorimont website shows a listed price of $1,350,000.

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