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October 16, 2008

Philly Firm To Market H&R Plant

Gardner gun maker H&R 1871 LLC has chosen a Philadelphia-based commercial real estate firm to sell its Industrial Row property.

Binswanger is an international real estate firm and said it will market the 131,003-square-foot building to manufacturers, wholesale and retail organizations, transportation and warehousing companies and others.

The building includes a 25,000-square-foot office suite, manufacturing space and warehouse space.

H&R 1871 is a subsidiary of the Remington Arms Co., which bought H&R early this year and announced in April that it would close the Gardner plant.

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