custom ad
BusinessNovember 15, 2001

Business Today The former Supervalu distribution facility in Scott City and the former OFMCO building in Sikeston have been listed with Lorimont Place Ltd., according to Tom Kelsey, broker with the Cape Girardeau-based commercial brokerage firm. The 260,040-square-foot Supervalu warehouse/office building is being marketed for sale or lease. ...

Business Today

The former Supervalu distribution facility in Scott City and the former OFMCO building in Sikeston have been listed with Lorimont Place Ltd., according to Tom Kelsey, broker with the Cape Girardeau-based commercial brokerage firm.

The 260,040-square-foot Supervalu warehouse/office building is being marketed for sale or lease. Built in the early 1960s, it originally housed Wetterau Foods, an IGA food distributor until Supervalu acquired that company several years ago. The building has been vacant for about a year.

The property has 10,000 square feet of offices and over 50 acres of property. It has close proximity to the Southeast Missouri Port Authority, Cape Regional Airport, Missouri Pacific Railroad and Interstate 55. Kelsey said the property will be marketed regionally and nationally targeting manufacturers, warehouse operators, distribution companies and others.

Receive Daily Headlines FREESign up today!

The OFMCO property, which is located along Interstate 55 just north of Sikeston, is also included in this marketing campaign, according to Kelsey. The 64,000-square-foot building, which formerly housed an office furniture operation and the Sikeston Trade Fair, was built in the early 1970s and has 8,000 square feet of offices and showroom. Currently owned by Jerry James, it is being offered for sale or lease.

The Lorimont firm will also be working with state and local industrial recruitment agencies in their search for either a purchaser or tenant.

"With the sale or lease of such a large facility the prospects for new jobs will be very possible," said Kelsey.

Kelsey said he has been involved in marketing, selling and leasing of several large area industrial properties in recent years including the former 94,000-square-foot Florsheim Shoe Factory, the 104,000-square-foot Edward's Sportswear facility and the Lenertz Warehouse property near the Proctor & Gamble plant, which at the time of the sale had more than 435,600 square feet.

Story Tags
Advertisement

Connect with the Southeast Missourian Newsroom:

For corrections to this story or other insights for the editor, click here. To submit a letter to the editor, click here. To learn about the Southeast Missourian’s AI Policy, click here.

Advertisement
Receive Daily Headlines FREESign up today!