Jim Pattison Developments not proceeding with sale of industrial building in Virginia
Vancouver-based Jim Pattison Developments will not be selling a Virginia warehouse property to the U.S. Department of Homeland Security, which had said it wanted the site as an Immigration and Customs Enforcement (ICE) processing facility.
Earlier in the week, the property arm of Jim Pattison Group said they had accepted an offer to sell an industrial building they no longer needed in Ashland, Virginia to a U.S. government contractor.
“Some time later, we became aware of the ultimate owner and intended use of the building,” the company said.
On Friday, they announced the transaction to sell the building would not proceed because certain terms of the transaction were not met.
