PENNSAUKEN – New owners will bring dramatic changes to two buildings recently vacated by a pet-food maker here.
The industrial buildings, formerly occupied by Simmons Pet Food, will be used to store kosher wine and to make and distribute furniture.
The two deals had a combined value of $18 million.
A division of Kayco, a Bayonne-based kosher food producer, paid $7.4 million for a 189,500-square-foot warehouse at 9130 Griffith Morgan Lane.
The building includes more than 20,000 square feet of cold storage space and 16,000 square feet of office space, the statement said.
A Kayco affiliate, Kenover Marketing, will operate a subsidiary, Royal Wine, from the Pennsauken site.
In the other transaction, K&B Furniture of New York City paid $10.6 million for a Simmons plant at 6851 River Road.
The Bronx company plans to make and distribute furniture from the 201,000-square-foot building, which includes 4,000 square feet of office space.
Representatives of Kayco and KB could not be reached for contact Tuesday.
Simmons Pet Food closed the Pennsauken plants in August when it moved production to a new high-speed line in Emporia, Kansas.
*Article Courtesy of Courier Post
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