SOLD
HFI Manufacturing Acquires Industrial Property In Saint Charles For $7.3M
3925 Stern Avenue
Industrial
60,196 SF
60,196 SF
Sold 63 days ago
Summary
Sale
ILLINOIS
Industrial
60,196 sqft
An industrial property spanning 60,196 square feet located at 3925 Stern Avenue in Saint Charles was sold for $7,300,000. The transaction was facilitated by Andrew Block, Executive Vice President, and Michael Plumb, Principal, of Lee & Associates, representing the buyer, HFI Manufacturing.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $7,300,000
- Address: 3925 Stern Avenue
- Market: Saint Charles
- Square Footage: 60,196
- Buyer: HFI Manufacturing
- Brokers: Andrew Block & Michael Plumb - Lee & Associates
Andrew Block and Michael Plumb played crucial roles in the successful purchase of the industrial property, meeting HFI Manufacturing's expansion needs for its stainless-steel manufacturing operations. The deal underscores the buyer's strategic decision to invest in a property that aligns with its business growth requirements.
Players
All
3
Agents
2
Agencies
1
Details
SOLD
IMAGE: Andrew Block & Michael Plumb
DATE: 03/07/2024
ADDRESS: 3925 Stern Avenue
MARKET: Saint Charles
ASSET TYPE: Industrial
BUYER: HFI Manufacturing
BROKERS: Andrew Block & Michael Plumb - Lee & Associates (@LeeAssociatesRE)
SALE PRICE: $7,300,000
SF: 60,196 ~ PPSF: $121
NOTE: Andrew Block, Executive Vice President, and Michael Plumb, Principal, facilitated the $7.3 million purchase of a 60,196-square-foot industrial property at 3925 Stern Avenue in St. Charles on behalf of HFI Manufacturing. This move accommodates the company's growth needs for its stainless-steel manufacturing operations.View on map
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Address3925 Stern Avenue
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