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The building should be finishedx by January and will be available for sale or Samet and Alamance County Chamber of Commerces officials saidthis week. Sametr did not release an anticipated construction but the estimates typical manufacturing facilities in the regioj costabout $56 per square foot to At that price, a finished facilithy of the size Samet plans mighf cost about $5.8 million. Site plans indicates the building could be expandecd later byanother 89,200 square feet, bringinbg the entire project to nearly 200,000 square feet. The new building will be the fifth speculativse construction project Samet has undertaken atthe N.C.
Industrial Speculative commercial construction in general has become rarer due to the recession and lack ofavailables financing, and the manufacturing sector in the Triade has been contracting for a decade. But Samet sees a market for the kind of projectit
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