This project was purchased in 2006 and consisted of a 26,000 square foot crane building on six acres of land. The building was rehabilitated and leased for a distribution facility later that year to Summer Classics. Summer Classics expanded their indoor line of furniture within this facility. In 2010 an additional fifteen acres was purchased for future development.
During a time of uncertainty Longleaf was able to purchase, reposition and achieve a nice rate of return in a declining market. Then in 2012 the 26,000 square foot building was sold achieving a 16.6% ROI for the Private Equity Ownership. Longleaf continues to seek alternatives for the adjacent vacant land.