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Veridian Healthcare Acquires Industrial Property In Zion For $2.6M

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SOLD
$2,600,000

Illinois

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Industrial55,276 SF
Sold 08/13/2019
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SOLD

Veridian Healthcare Acquires Industrial Property In Zion For $2.6M

3300 16th St, Zion, IL, 60099

See Similar Deals
Industrial55,276 SF
Sold 08/13/2019
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Summary

ILLINOIS
Asset Type:Industrial
Price Per Square Foot:$47
Total Square Footage:55,276 SF
Transaction Type:Sale

An industrial building spanning 55,276 square feet, situated at 3300 16th Street in Zion, Illinois, was recently sold for $2.6 million. The property, part of the Zion market, features a 24-foot clear, precast structure with seven loading docks, one drive-in door, and parking for 74 cars.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $2,600,000.00
  • Address: 3300 16th St, Zion, IL, 60099
  • Market: Zion
  • Buyer: Veridian Healthcare
  • Seller: Venture One Real Estate
  • Square Footage: 55276

Thomas Boyle from Lee & Associates acted as the buyer's representative in the deal for the industrial property, representing Veridian Healthcare, an importer and distributor of diagnostic equipment. On the seller's side, Michael Prost and Sergio Chapa from Newmark Knight Frank facilitated the transaction on behalf of Venture One Real Estate, which acquired the property back in December 2017. Veridian Healthcare expressed their satisfaction with Tom Boyle's role in finding a suitable building to accommodate their growth.

Players

Tom Boyle
13 deals$109.3M volume(773) 355-5079
BROKER

Michael Prost
Newmark
1 deal$2.6M volume(773) 957-1430
BROKER

Sergio Chapa
Newmark
1 deal$2.6M volume(773) 957-1436
BROKER

Venture One Real Estate
SELLER

Details

SOLD
IMAGE: 08/13/2019 ADDRESS: 3300 16th St, Zion, IL, 60099 MARKET: Zion ASSET TYPE: Industrial BUYER'S REP: Thomas Boyle(Lee & Associates) SELLER'S REP: Michael Prost(Newmark), Sergio Chapa(Newmark) BUYER: Veridian Healthcare SELLER: Venture One Real Estate PRICE: $2,600,000.00 SF: 55276

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