Trimming Associates Ltd. has sold its 73,800-square-foot
manufacturing/warehouse facility in southwest Charlotte for $2 million.
Purchaser TPM Properties LLC, formerly known as A&E Printing, will move from South Boulevard into about 25,000 square feet in the building at 900 Pressley Road.
Trimming Associates will lease back a portion for its warehouse and offices.
The lease-back was “an extremely important aspect of this transaction,” said Piedmont Properties/CORFAC International's Lester Osborn who represented the seller with associate A. Scott Hensley. Tom Auer of Centdev Properties represented TPM Properties.
The building, constructed in 1976 for Trimming Associates, is within a half mile of Interstate 77 and has easy
access to Billy Graham Parkway.
TPM Properties specializes in large format graphics for trade show
exhibits, fleets, outdoor signs and other uses.