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VDC Looks to Shed Real Estate

ATLANTA-The locally based company hires the Staubach Co. to sell five company-owned assets and three owned by the chairman and CEO. VDC expects to capture between $8 million and $10 million.

By Melissa Kress | Updated on December 28, 2006

(To read more on the industrial market, click here.)

ATLANTA-Video Display Corp. is placing its manufacturing plants on the market in a move to distribute its capital elsewhere. The locally based corporation has hired the Staubach Co. of Addison, TX to help dispose of the industrial assets.

All total, the properties for sale number eight, five owned by VDC and three owned by chairman and CEO Ron Ordway which the corporation leases, Ordway tells GlobeSt.com. He adds that the properties total 391,000 sf.

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