ProVisions Takes Rest of Oreck's MS Center

[IMGCAP(1)]LONG BEACH, MS-ProVisions LLC will invest more than $20 million into its repositioning plan for Oreck Corp.’s former call center, manufacturing and distribution hub in Long Beach Industrial Park in Harrison County. The real estate pieces were acquired one year apart, with the call center being the newest addition to the Bingham Farms, MI-based investment group’s portfolio.

The 19,044-sf call center at 21120 Johnson Rd. wasn’t available when ProVisions bought Oreck’s 360,500-sf office/warehouse at 21180 Johnson Rd. last year, according to Craig Laher, managing director for the buy side. “We were re-approached,” he says, adding the Cookeville, TN-based seller marketed the call center to a just select few before ProVisions’ contract on the table.

ProVisions’ leverage wasn’t just the next-door property, but it is a well-known force in public and private joint ventures in the state, working extensively with Mississippi’s economic development groups. “We have a lot of faith in Mississippi and its leadership in economic development,” Laher says. “Mississippi’s really not a secret any longer to businesses looking to expand in that part of the South.”