Veridian Healthcare Acquires Industrial Property In Zion For $2.6M

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.