RESEARCH TRIANGLE PARK, N.C. - Reichhold is transferring a portfolio of surplus assets located in the United States, Mexico and Switzerland. Swiss North American Properties, Inc. (SNAP), a joint venture between International Risk Group, LLC, of Littleton, Colo., and Cobra Ventures, LLC, of Raleigh, N.C., acquired the Reichhold portfolio.
The portfolio includes former Reichhold properties in Elizabeth, N.J.; Baltimore; Zurich, Switzerland; Mexico City; Tuxedo Park, N.Y., Columbia, Miss.; Lima, Ohio; Pineville, N.C.; and Tacoma, Wash. Terms of the agreement were not released.