SOLD
ExchangeRight Acquires Industrial Property In Effingham, IL For $58.2M
711 West Wabash Avenue
Industrial
1,283,360 SF
1,283,360 SF
Sold 1 year ago
Summary
Sale
ILLINOIS
Industrial
1,283,360 sqft
The industrial property located at 711 W. Wabash Ave. in Effingham, IL has been sold for a price of $58,200,000. The property spans across 1,283,360 square feet, resulting in a price per square foot of $45. The transaction took place on December 22, 2021.
Summary of Transaction Details
- Property Type: Industrial
- Transaction Amount: $58,200,000
The buyer of the property was ExchangeRight, represented by JRW Realty. The seller was represented by John Redfield, Britt Raymond, and Kyle Fant of the National Net Lease Group (NNLG) at SRS Real Estate Partners.
These key individuals and companies played instrumental roles in the successful completion of the deal. Britt Raymond, John Redfield, and Kyle Fant represented the seller, while JRW Realty represented the buyer ExchangeRight.
Players
All
4
Agents
3
Agencies
1
Details
SOLD
IMAGE: Britt Raymond, John Redfield & Kyle Fant
DATE: 12/22/2021
ADDRESS: 711 W. Wabash Ave.
MARKET: Effingham, IL
ASSET TYPE: Industrial
BUYER: ExchangeRight
BUYER'S REP: JRW Realty
SELLER'S REP: John Redfield, Britt Raymond & Kyle Fant - National Net Lease Group (NNLG) - SRS Real Estate Partners
SALE PRICE: $58,200,000
SF: 1,283,360 ~ PPSF: $45View on map
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Address711 West Wabash Avenue
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