Pivotal Manufacturing Partners and Meadow Partners Acquire Advanced Manufacturing Facility in Greater Phoenix
Facility is Operated by an Affiliate of Corning Incorporated
Pivotal Manufacturing Partners ("Pivotal"), a real estate investment platform purpose-built to acquire and develop advanced manufacturing assets, and Meadow Partners ("Meadow"), an institutional middle-market real estate investment manager, today announced the acquisition of 53 Ten, a 157,523-square-foot advanced manufacturing facility located on 19.6 acres in Glendale, Arizona. The facility is leased to an affiliate of Corning Incorporated (NYSE:GLW), a leading global materials science and technology company and a member of the Fortune 500.
53 Ten features substantial in-place electrical capacity and established production in