Arthrex intends to invest $30 million in its fourth U.S. plant. The new 200,000-square-foot facility in Sandy Springs is expected to create more than 1,000 jobs in the near future. Advertisements
The C&W team of Michael Osiecki and Mark Pateman represented the seller in the transaction, while Flagler Bank originated $6.9 million in acquisition financing.
The Nashville-area facility is the company’s eighth factory worldwide. Built on 469 acres, the 1.5 million-square-foot development in Clarksville is expected to bring 1,800 jobs to the state.
LMN Architects rehabilitated the 800,000-square-foot multi-building asset and also added 137,000 square feet of new space. The project anticipates LEED Silver certification.
The seven-month streak of steady growth in demand for design services ended in September, with the American Institute of Architects’ Architecture Billings Index dipping to 49.1 for the month.
Two Liberty Center in Arlington, Va. will house the firm’s 10th TechSpace campus, which will include 20,000 square feet of interconnected office suites.
The German automaker will produce electric SUVs under the EQ sub-brand by 2020. Plans also call for a global logistics center, an after-sales North American hub and an electric battery factory near the Tuscaloosa facility.