Following a $20,983,920 purchase of property at 565 Gerdau Drive (Ameristeel Road), Simon & Schuster is expanding its shipping and receiving operations from 400,000 square feet to one-million square feet.
Bridge Investment Group purchased the property from Josh LeFevre, who is developing the 143 acre industrial site.
Simon & Schuster is an American publishing company and a subsidiary of Paramount Global.
It was founded in New York City on January 2, 1924 by Richard L. Simon and M. Lincoln Schuster.
As of 2016, Simon & Schuster was the third largest publisher in the United States, publishing 2,000 titles annually under 35 different imprints.
Construction is expected to be completed by the end of the end of the fourth quarter.
(PHOTO: Work continues on expansion of Simon & Schuster on Ameristeel Road)
