NORTHBROOK, lL – Prime Thomasville and Lane furniture facilities in Mississippi, North Carolina, Tennessee and Virginia are among 17 former Furniture Brands International (FBI) properties up for auction by Hilco Real Estate LLC.
A bid deadline of June 19 (sealed bid June 24) has been set as part of the wind-down and liquidation of bankrupt FBI's remaining real estate assets.
Among the properties being sold are the 353,000-square-foot former location of Thomasville's brand headquarters in Thomasville, NC, a 430,000-square-foot Lane manufacturing/distribution facility in Tupelo, MS, and an 800,000-square-foot Thomasville manufacturing facility, set on 85 acres, in Appomattox, VA.
Home furnishings giant FBI filed for Chapter 11 bankruptcy in September 2013. In November, KPS Capital purchased substantially all of the brand assets for $280 million, and renamed the company Heritage Home Group. In addition to Thomasville and Lane, the brands also included Broyhill, Drexel Heritage, Henredon, Pearson, Hickory Chair, Lane Venture, Maitland-Smith and LaBarge.