Dansons: The Maker of Pit Boss Grills Buys a 259,960 SF Building From Hollingsworth
Dansons Inc., the family owned company behind Pit Boss, Louisiana Grills, and Country Smokers, purchased a 259,960 square foot building in Fayetteville, North Carolina from The Hollingsworth Companies for a distribution and call center operation. Hollingsworth had acquired the former Maidenform building and delivered it to a user ready to own.
At a glance
| Client | Dansons, Inc. |
|---|---|
| Industry | Family owned consumer goods; pellet grills and smokers under the Pit Boss, Louisiana Grills, and Country Smokers brands |
| Location | Fayetteville, Cumberland County, NC |
| Building | 259,960 SF, the former Maidenform building |
| Deal | Hollingsworth acquired the building through a 1031 exchange, then sold it to Dansons |
| Use | World class distribution and call center operation |
| Outcome | A national consumer brand owning its East Coast distribution building, delivered through Hollingsworth's used property program |
Who is Dansons?
Dansons Inc. is a family owned consumer goods company producing pellet grills and smokers under the Pit Boss, Louisiana Grills, and Country Smokers brands.
Dansons needed East Coast distribution capacity and a call center under one roof, and it wanted to own the real estate. For a family owned company in a high growth category, ownership means control: no lease renewals, no landlord decisions, and a hard asset on the balance sheet.
What did Dansons need?
Dansons needed a large existing building it could buy at a sensible price, positioned to serve East Coast distribution.
Buildings of 260,000 square feet available for purchase do not appear on demand. Hollingsworth continuously profiles the Southeast for quality existing buildings that can be secured at below market pricing, using its development experience to judge which older buildings still have decades of service in them. The former Maidenform building in Fayetteville was exactly that: a sound building in a distribution-ready location, acquired by Hollingsworth through a 1031 exchange.
How did The Hollingsworth Companies help?
Hollingsworth acquired the 259,960 square foot Fayetteville building, then sold it to Dansons for its distribution and call center operation.
Hollingsworth is a long term holder by default, but its role as owner, developer, and contractor lets it serve companies that want to own. The used property program offers lease, lease with purchase option, or outright sale, matched to what the tenant's business actually needs. Dansons wanted ownership, and the transaction delivered it.
What were the results?
Dansons took ownership of its East Coast distribution building and committed to building its team in Cumberland County.
Jordan Thiessen, Dansons' chief operating officer, said the company was excited to bring award winning products and a strong family based company culture to the Fayetteville community, with plans for a world class distribution and call center team in Cumberland County. For companies that would rather own than lease, the Dansons transaction shows Hollingsworth can deliver that outcome too.
We are excited to bring not only award-winning products but a strong family-based company culture into the Fayetteville community. We look forward to building a World Class Distribution and Call Center Team in Cumberland County.
Frequently asked questions
What did Dansons purchase from The Hollingsworth Companies?
A 259,960 square foot building in Fayetteville, North Carolina, the former Maidenform building, for a distribution and call center operation supporting the Pit Boss, Louisiana Grills, and Country Smokers brands.
Does Hollingsworth sell buildings as well as lease them?
Yes. Hollingsworth offers lease, lease with purchase option, and outright sale. Its used property program secures quality existing buildings across the Southeast that can deliver substantial savings for companies that want to own.
How did Hollingsworth come to own the Fayetteville building?
Hollingsworth acquired the former Maidenform building through a 1031 exchange, applying its development experience to identify an older building with decades of service remaining, then sold it to Dansons.
Can a company buy rather than lease a Hollingsworth building?
It has happened more than once. Dansons purchased its Fayetteville building, Mlily USA purchased a 115,300 square foot building in Andersonville, Tennessee, and Service Center Metals purchased all three of its buildings at SouthPoint Virginia.