Industry leases Nypro building -, South Georgia News, Weather, Sports

Industry leases Nypro building

June 15, 2005

Albany - A huge Dougherty County building that's been vacant for nearly three years is finally getting a new use. The Albany-Dougherty Payroll Development Authority is leasing the old Nypro Building on Oakhaven Drive to Cellofoil, a company that makes plastic wrappers for Procter and Gamble.

It's only a six month lease for $3,000 a month, but PDA leaders says it's a good way to make some money off the building until they find a permanent buyer. The property is worth about $1.9-million dollars.

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