Jason St. John Of Greenstone Partners Represents Seller In $6.2M Industrial Sale In Downers Grove

The property involved in this transaction is a fully leased flex industrial building located at 1441 Branding Ave, Downers Grove, Illinois. The sale price for the asset was $6,200,000, with a total square footage of 48,438. This transaction reflects a price per square foot of $128.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $6,200,000
• Sale Price per Square Foot: $128
• Address: 1441 Branding Ave
• Market: Downers Grove
• Square Footage: 48,438
• Broker: Jason St. John - Greenstone Partners

In this transaction, Jason St. John represented the local seller and successfully secured a buyer from the East Coast, completing the sale at 98% of the list price. Greenstone Partners facilitated the entire transaction.