LBA Logistics Acquires Industrial Property In Franklin Park For $30.3M

10600 West Belmont Avenue in Franklin Park has been sold in a recent transaction for $30,300,000. The industrial property spans 215,000 square feet, resulting in a price per square foot of $141. The sale was facilitated by Jeff Devine of Colliers, representing the buyer LBA Logistics, and Donald E. Huffner Jr. of James Campbell Company, representing the seller.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $30,300,000
• Address: 10600 West Belmont Avenue, Franklin Park
• Market: Franklin Park
• Buyer: LBA Logistics
• Seller: James Campbell Company - Donald E. Huffner Jr.
• Broker: Jeff Devine - Colliers
• Square Footage: 215,000
• Price Per Square Foot: $141

This transaction showcases the successful collaboration between LBA Logistics, represented by Jeff Devine of Colliers, and James Campbell Company, represented by Donald E. Huffner Jr. These key individuals played pivotal roles in the successful sale of this industrial property at 10600 West Belmont Avenue in Franklin Park.