Building History

• This building was built by Rucker & Whitten Plug Tobacco at the turn of the Century
• Carolina Cotton bought the plant in the 1930’s
• Sale Knitting, a spin off of Pannill, which later became the Tultex Corp bought the site in the 1957
• This site contains 1.1mm SF and served as Tultex Headquarters as well as a manufacturing center for nearly half a century
• Lester Development Co. bought the property in 2001 as part of the bankruptcy liquidation of Tultex

Building Stats

• Total 173,000 SF. 4 Floors X 3 Bays per Floor = 12 distinct leasing units
• Available 155,000 SF. 12,000-43,000 per floor
• 325 Parking spaces on Franklin St lot + 200 additional spaces on Commonwealth Blvd lower lot. Over 1,000 space are available across Commonwealth Blvd. Will build parking deck when needed.
• 12’ min clearance from floor to ceiling beams (except ground floor 9’)

Utilities

• Two AEP electrical feeds into complex
• Building has 3,000 amps of 480 Volt 3-Phase electrical service
• Each bay wired for backup generator power (generators not currently provided)
• Abundant Water and Sewer from City of Martinsville

Project Goals

• Convert Historic Factory to Modern Office Building
• Create 12 distinct leasing units (bays) that are able to function independently
• Allow for short up-fit timeframe (under 60 days)
• Promote job growth/ Economic Development in Martinsville-Henry County

Data Providers

• Embarq/Sprint
• MiNet
• Ntelos
• Comcast