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Art Barry III Brokers Sale of Former Heartland Manufactured Homes’ Facilities, Cordele, Georgia

February 1, 2012

FOR IMMEDIATE RELEASE
(Cordele, Georgia,February 1, 2012) – Arthur P. Barry III, SIOR with Coldwell Banker Commercial Eberhardt & Barry, Inc. of Macon, Georgia, brokered the sale of the former Heartland Manufactured Homes’ facilities in Cordele, Georgia to Union Compress on January 23, 2011. Seller was Primesouth Bank who foreclosed on the former Heartland Homes manufacturer in 2010.

Heartland Homes employed over 150 at the Cordele facility where it produced 40 homes per day through 2008. The property contains seven large component manufacturing buildings totaling 133,394 square feet on a 10.85 acre campus. The new owners, Union Compress, will use the facilities for agricultural product storage and distribution. Union Compress will add approximately 20
new jobs to Cordele. Union Compress Warehousing Inc. is headquartered in West Memphis, Arkansas and is the largest cotton warehouser in the Southeast, where they have been serving
merchants and farmer’s storage needs in excess of 300,000 bales of cotton per year.

ART BARRY III, SIOR
Coldwell Banker Commercial Eberhardt & Barry, Inc.
990 Riverside Drive
Macon, Georgia 31201
Office : 478-746-8171
www.cbcmacon.com

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