Tread Corp. sells its manufacturing facility in Roanoke for $2.7 million
The Tread Corp. has sold the 74,724-square-foot manufacturing facility in Roanoke where it has been located since 2004 for $2.7 million. However the company signed a long-term triple net lease to remain in the building, according to Poe & Cronk Real Estate Group, which brokered the sale-leaseback deal.
The building is located at 176 Eastpark Drive.
Dennis Cronk and Matt Huff represented the Tread Corp. which serves the mining, quarry and construction industries with bulk explosive-handling equipment.
Doug Wright of Harris Commercial in Christiansburg represented the buyer, Lester Development Corp., based in Martinsville.