Lee & Associates Acquires Industrial Property In Addison For $3.1M

An industrial property located at 345 S. Fairbank St in Addison has been sold for a price of $3,100,000. The property spans 31,385 square feet, resulting in a price per square foot of $99. The transaction took place on May 18, 2022. Clear Height Properties sold the property in the Addison market.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $3,100,000
• Address: 345 S. Fairbank St
• Market: Addison
• Square Footage: 31,385
• Price per Square Foot: $99

The buyer's representatives in this deal were Brent DeNoble and Doug Altenberger from Lee & Associates. The seller's representatives were Justin Lerner, Joe Karmin, and Ross Lehrman from Transwestern. These individuals played a significant role in facilitating the transaction between Clear Height Properties and the buyer. The deal was completed successfully, resulting in the sale of the industrial property.