LBA Logistics Acquires Industrial Property In Goose Island, Chicago For $28M

The industrial property located at 1300 N. North Branch Street in Goose Island, Chicago has been sold in a transaction facilitated by Phil Belling of LBA Logistics. The property spans an area of 115,000 square feet and was acquired by the buyer, LBA Logistics, from the seller, Mars, for a sale price of $28,000,000. This transaction took place on December 28, 2022.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $28,000,000
• Square Footage: 115,000
• Price per Square Foot: $243
• Address: 1300 N. North Branch Street, Goose Island, Chicago

Phil Belling of LBA Logistics represented the buyer, LBA Logistics, in this sale transaction. Mars acted as the seller in this deal. Both parties successfully closed the transaction on the specified date.