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2980 Hart Court

Leo Moss Of Fruition Logistics Acquires Industrial Asset From Jeff Sacchini Of General Produce Distributors
SOLDIndustrial

Leo Moss Of Fruition Logistics Acquires Industrial Asset From Jeff Sacchini Of General Produce Distributors

2980 Hart Court

Building Size

38,252 SF

Asset Type

Industrial

Closing

Mar 23, 2025

AI

The property asset involved in this transaction is located at 2980 Hart Court in the Franklin Park market. This industrial asset encompasses a total square footage of 38,252.0. The specifics of the transaction highlight the parties involved but do not include a listed transaction amount.

Summary of transaction details:

This transaction showcases a collaboration among multiple representatives, with the seller being supported by three individuals from different agencies, reflecting a multifaceted approach to the sale process. The buyer's representation is streamlined with a single broker from Cawley Chicago, indicating a distinct representation strategy for the buyer in this deal.

Players

Andrew Maletich

Cawley Chicago

Broker

7 deals

Broker

Dustin Albers

Lee & Associates

Broker

$6.3M

vol

6 deals

Broker

Franklin Park Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93