The owner of a Triangle printing company has closed out on an investment that has been more than a decade in the making, selling two warehouse buildings for $22.9 million.
The site used to be a fairground, an airfield and later a mecca for antique furniture and collectibles sales. Now, it is Metrolina Park, a seven-building, 1.75-million square foot, logistics and distribution park that pays homage to its rich past.
After closing on its $6.1 billion acquisition of Charlotte snack company Snyder's-Lance earlier this year, a publicly traded food and beverage company will next year open a large distribution center in the metro area.
