50,000 SF SIKESTON BUILDING SOLD

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 is the purchaser of the industrial building located at 835 Wakefield.  The 50,000 square foot building on 4.74 acres was formerly used as a printing operation and warehouse for Media Press who occupied the property from 1984 until just a few years ago.  The Lorimont Broker said the seller was Cahokia Properties in Kirkwood, Missouri.  

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.  Patriot combined production at the Sikeston plant with another manufacturing facility.  

Kelsey said he has fielded several calls from prospective buyers over the last several weeks as a result of his national marketing.  He disclosed 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.