SILOAM SPRINGS, Ark. (KNWA/KFTA) — The former site for Simmons Pet Food changed hands for more than $16 million recently, according to Talk Business & Politics.
The 58-acre property housing a 386,416-square-foot industrial building located in Siloam Springs was sold to Store Master Funding XXXII LLC, an affiliate of Store Capital Corp. of Scottsdale, Ariz., said TB&P.
Store Capital and Metacycle LLC, an affiliate of Arcane Capital Partners, have entered into a 20-year lease agreement.
Historic War Eagle Mill under new ownership
Metacycle is a custom plastic injection molding company and will use the building as its main manufacturing facility.
“We are excited about what the future holds for our new Siloam Springs facility and are grateful to all parties involved in making this acquisition possible,” said Arcane managing partner and CEO Michael Hickmon. “This acquisition will allow us to better serve our customers with a larger, more integrated, and more capable best-in-class facility.”
For more information on the deal, click here.
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