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711 West Wabash Avenue
SOLD

ExchangeRight Acquires Industrial Property In Effingham, IL For $58.2M

711 West Wabash Avenue

Industrial
1,283,360 SF
clock iconSold 1 year ago
Kyle Fant
Britt Raymond
John Redfield
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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

Kyle Fant's profile picture
Kyle Fant
SRS Real Estate Partners-image
Vice President
$113.8M Sold
Britt Raymond's profile picture

Details

Deal Summary
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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: $45

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Address711 West Wabash Avenue

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