MHProNews has learned from bizjournals the former Oakwood Homes corporate headquarters in Greensboro, North Carolina has been sold to Stanley Benefits Services for $8.1 million, which will occupy 30,000 square feet of the 130,000 square-foot building. Oakwood, a builder of manufactured and modular homes with locations around North Carolina, vacated the building in 2004, and sold the facility to Stanley. Tax records show the property is assessed for $11.18 million.
Vanderbilt Mortgage and Finance, the manufactured, modular and mobile home lender, currently occupies 30,000 square feet of the building and intends to say, having signed a five-year lease. As MHProNews knows, Vanderbilt is a lending arm of Clayton Homes, a division of Warren Buffett’s Berkshire Hathaway family of companies. ##
(Photo credit: Triad Commercial Properties–Oakwood Homes former HQ)
Article submitted by Matthew J. Silver to Daily Business News-MHProNews.
