SIX THIRTY INDUSTRIAL PARK SALE

March 13, 1998

Five acres of industrial land was recently sold in the Six Thirty Corporate and Industrial Park, according to Tom Kelsey, Broker for Lorimont Place, Ltd. who handled the transaction.

The tract located on Corporate Circle is adjacent and north of the Dana Plant. Purchaser was Santie Wholesale Oil Company. Bruce Barnes, President of the Sikeston based company said they had no immediate plans for building construction, but were considering several ideas for the new site.

This is the second acquisition for the company in the Industrial Park. They have plans to build a new warehouse and commercial fueling facility on the 4-acre tract at Southern Expressway and Corporate Circle that was acquired in 1996. The company handles wholesale oil products, lubricants, chemicals, propane and fuel.

Six Thirty, Inc. is owned by Earl Norman and Ernie Beussink. Kelsey, who handles most of the real estate brokerage for the company said the Park was developed in the late 1980’s and is now home to over 14 businesses. The first sale was to Dana Corporation for their spicer axle plant in 1989.

Current building projects in the Industrial Park include the construction of a new warehouse, shop and offices for Cotner Electric and an office and freight facility for Elfrink Transportation, both along Southern Expressway. Kelsey said the new 48 unit Sundance apartment complex is being built on property sold to them from the Six Thirty developers which has been rezoned to accommodate the project. Commercial land tracts are available from 1 to 25 acres with all city services and commercial-industrial zoning.