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IP Automation Inc. Acquires 50,632 Square Foot Industrial Building In Carol Stream For Headquarters
SOLD
Illinois
See Similar DealsIndustrial50,632 SF
Sold 02/03/2025
SOLD
IP Automation Inc. Acquires 50,632 Square Foot Industrial Building In Carol Stream For Headquarters
400 East Fullerton Avenue
See Similar DealsIndustrial50,632 SF
Sold 02/03/2025
Summary
ILLINOIS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:50,632 SF
Transaction Type:Sale
This transaction involved the sale of an industrial asset located at 400 East Fullerton Avenue in Carol Stream, Illinois. The property encompasses a total area of 50,632 square feet.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Address: 400 East Fullerton Avenue
- Market: Carol Stream
- Buyer: IP Automation Inc.
- Buyer’s Representative: Mike Antonelli - Brown Commercial Group
- Seller’s Representative: Savills
Mike Antonelli of Brown Commercial Group represented IP Automation Inc., which is planning to relocate its headquarters from Downers Grove. Savills served as the representative for the seller in this transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$0.00
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
0.00%
Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00
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