Gramercy Property Trust has acquired Alpha Plastics Company’s manufacturing facility in Overland, Missouri, for $11 million. This facility is the headquarters for Alpha’s eight other nationwide plastic processing plants. The 211,000-square-foot plant produces food, beverage, and pharmaceutical containers. Following $4 million worth of renovations in 2002, it is capable of producing over one million plastic bottles per day using 33 production lines.
Alpha is one of the largest private companies in the region with last year’s revenues totaling approximately $232 million. 


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