Binswanger Appointed Exclusive Sales Agent for Blue Mountain Wall Coverings Facility in Knoxville, TN

Business Wire, April 13, 2006

ATLANTA -- Binswanger has been named exclusive agent by Blue Mountain Wall Coverings for the sale of its one-story, 334,000 sq. ft. building on 31 acres at 3109 Water Plant Road.

This former apparel and furniture manufacturing and distribution facility features 6" reinforced concrete floors; ceiling heights to 33'6" clear; steel columns spaced 40' x 50'; concrete and metal walls; all utilities; 9,724 sq. ft. of modern office space; one 75 hp compressor; and is rail served by Norfolk Southern.

Strategically located, the property is minutes to Interstates 40, 75 and 81 and provides convenient access to downtown Knoxville and Knoxville McGee Tyson Airport. In addition to just having been named the 9th hottest city in the U.S. for business expansion and relocation by Expansion Management Magazine, Knoxville has committed itself to revitalizing and expanding job growth in the area. "Through 'Jobs Now!', we want to create 35,000 new jobs in five years," stated Doug Lawyer, Director of Economic Development.

Binswanger is aggressively marketing this property to users in distribution.

Headquartered in Toronto, Ontario, Blue Mountain Wall Coverings is the largest manufacturer and distributor of residential wall coverings in the U.S. They retail under brand names such as Imperial, Sunworthy, Sterling Prints and more.

Headquartered in Philadelphia, PA, Binswanger is an international full-service real estate organization with offices worldwide throughout the U.S.A., Canada, Mexico and South America, the U.K. and Europe, the Middle East, and Asia.