NEW COMPANIES TO CAPE GIRARDEAU

A flurry of commercial real estate activity has resulted in two companies locating facilities in Cape Girardeau according to Tom Kelsey, Broker for Lorimont Place, Ltd. who handled the transactions. Miracle Supply Company, Inc will locate in the former United Distributing Building located at Kingshighway and Independence. The 14,000 square foot warehouse and showroom building will be used by the St. Louis based company to establish a Cape Girardeau branch for their wholesale plumbing, heating and industrial supply operation. The company primarily distributes to plumbing and mechanical contractors and has been servicing the Southeast Missouri area for some time. Mike, Dattilo, Vice President of the company said having a Cape location will allow them to expand their services with new and existing customers in the area. The company will employ 5-7 to begin with, according to Dattilo. In other activity, Jade Manufactured Products has recently started operations in the former General Sign Buildings at Independence and Broadview. Kelsey, who also handled this transaction, said the company would ultimately employ about 10 people and will occupy 33,500 square feet of manufacturing and warehouse areas. Jade primarily cuts and forms foam products for industrial customers. They were formerly located in Jackson. Paul Guard, Sr. is President and Perry Guard, his son serves as Vice President of the firm. Kelsey said he continues to work with several other commercial and industrial prospects that are seeking property for sale and lease in the area.