A property development firm has announced purchase of another manufacturing site in southern Kent County along Broadmoor Avenue.
Franklin Partners' most recent pick-up is the 20 acre former Steelcase facility in the 5500 block, the parcel includes 127 acres of land. Their release indicates they have the summer months to renovate it for an un-named manufacturer. This effort includes previous purchase of large manufacturing sites in the 4700 and 5300 blocks of Broadmoor by the same firm.
In total, they expect to put 2.4 million square feet of facilities to leasees by the end of Summer.