CORFAC News

Raleigh, NC - W. Michael (Mike) Lewis, CCIM, SIOR and Principal of The Lewis Group/CORFAC International announced that he has represented Fairway Media Group LLC in the acquisition of $2,295,000 office-flex facility in Raleigh.

The seller in the deal was Schmalz Inc. Fairway Media is an outdoor media and billboard advertising company. Fairway Media has leased back the facility to Schmalz until Spring of 2016 when Fairway Media, based Roswell, GA, plans to take occupancy.

Fairway Media purchased a 19,742-square-foot, two-story building on a 1.79-acre lot located at 5200 Atlantic Avenue, Raleigh. The fully conditioned building has offices on the top floor while the ground level has assembly space, a loading dock, ramp and drive-in door.

Schmalz Inc. is part of the international Schmalz-Group. According to its website, the company is a leader in vacuum technology in automation, handling and clamping applications and serves a host of industries such as aerospace, automotive, chemicals/pharmaceuticals, glass, plastics, packaging and solar, among others. 

About The Lewis Group/CORFAC International
With a proven and successful track record of over 25 years in the real estate business, The Lewis Group/CORFAC International is committed to offering the personalized attention clients’ deserve in order to achieve their real estate goals. As a locally operated boutique firm, The Lewis Group provides unparalleled focus on finding the property most suited for client requirements, including retail, office, industrial/warehouse, land and investment properties. The company is connected regionally, nationally and internationally through its affiliations with CORFAC International, CCIM and SIOR.