Millennium Print Group: Former IBM warehouse sale tops $23M

The owner of a Triangle printing company has closed out on an investment that has been more than a decade in the making, selling two warehouse buildings for $22.9 million. A company controlled by Millennium Print Group CEO Terry Pegram closed on the sale in late October, parting ways with a 293,000-square-foot facility formerly built by IBM and now occupied by PBM Graphics. Pegram used to own the printing company and bought the buildings, located at 3700 South Miami Blvd., in 2005 for $9.9 million. Pegram...