Feb 4, 2021
YOUNGSTOWN The former Toys R Us warehouse here has been sold for $15.8 million to a Troy, Mich.-based company that designs houseware products for retailers in the U.S.
HMS Mfg. Co. bought the more than 441,000-square-foot warehouse at 1500 Geoffrey Trail the road apparently named after the toy store chain’s giraffe mascot, Geoffrey from AG-EIP 1500 Geoffrey Trail LLC, according to the Mahoning County Auditor’s office.
Documents show HMS Mfg. Co. paid $5.8 million in cash and took out a new mortgage for the balance of $10 million.
The transaction, including 43 acres the building sits on in the industrial and warehouse area along Salt Springs Road, was recorded with the office Monday.