PHILADELPHIA, PA--(Marketwire - January 5, 2010) - On behalf of AGC Flat Glass North America, Inc., Binswanger is pleased to announce the sale of a 378,000 sq. ft. facility on 51 acres to 1 Sea Box Drive, LLC of Cinnaminson, New Jersey. The property is located at 700 Union Landing Road in Cinnaminson, New Jersey. Sale price is $4,700,000.

AGC Flat Glass North America, Inc. is a leading North American flat glass manufacturer. The building was formerly used by AGC for the manufacture of glass for residential windows.

The new owner, Sea Box, Inc., specializes in new design and manufacture of custom shipping containers, primarily for the defense industry. Sea Box converts ISO containers into many different configurations, among them Emergency Command Centers and Military Workshops. Many of these end products are used by U.S. Special Force troops in the war zones in Iraq and Afghanistan. In addition to defense applications, the containers can be modified for many other uses including shelters to be utilized by survivors of natural disasters.

Sea Box's current headquarters is in East Riverton, New Jersey. They will be utilizing the new space for a major expansion and new headquarters. Currently, several departments are planning to occupy this facility by mid-January 2010 with a more complete transition occurring over the next 12 months. The new facility will also provide for significant future expansion.

Ideally located, the property provides convenient access to State highways 73 and 90, U.S. Highway 130, the New Jersey Turnpike, Interstates 295, 676 and 76, downtown Philadelphia and the Philadelphia International Airport.

Headquartered in Philadelphia, Pa., Binswanger is an international full-service real estate organization with offices worldwide throughout the U.S.A., Canada, Mexico and South America, the U.K. and Europe, the Middle East, and Asia.

Contact Information: CONTACT: Ellen Weiss 215-448-6216 215-448-6097 FAX