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JV Global Services Acquires Industrial Property In Wheeling For $4.5M With Buyer's Rep Tom Boyle And Seller's Rep David Haigh & Tak O’Haru

Property Image
SOLD
$4,500,000
Tom Boyle
Tak O’Haru
David Haigh

Illinois

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Industrial119,115 SF
Sold 05/12/2022
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Property Image
SOLD

JV Global Services Acquires Industrial Property In Wheeling For $4.5M With Buyer's Rep Tom Boyle And Seller's Rep David Haigh & Tak O’Haru

742 Glenn Avenue, Wheeling, Illinois 60090, United States

See Similar Deals
Industrial119,115 SF
Sold 05/12/2022
Tom Boyle
Tak O’Haru
David Haigh
the dealplayerscompscontact
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Summary

ILLINOIS
Asset Type:Industrial
Price Per Square Foot:$37
Total Square Footage:119,115 SF
Transaction Type:Sale

The industrial property located at 742 Glenn Ave in Wheeling was recently sold in a closed transaction. The property spans approximately 6.55 acres and is categorized as an industrial asset. The sale took place on 05/12/2022, and the property was purchased for a total of $4,500,000.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $4,500,000
  • Address: 742 Glenn Ave
  • Market: Wheeling
  • Size: 119,115 SF
  • Price per Square Foot: $38

The buyer in this transaction was JV Global Services, represented by Jerry Starr. The seller was Tomoegawa. Tom Boyle from Lee & Associates acted as the buyer's representative, while David Haigh from NAI Hiffman and Tak O’Haru from White Cube LLC represented the seller.

Players

Tom Boyle
Lee & Associates
Tom Boyle
13 deals$109.3M volume(773) 355-5079
BROKER
David Haigh
NAI Global
David Haigh
3 deals$4.5M volume
BROKER
Tak O’Haru
Tak O’Haru
1 deal$4.5M volume
BROKER

Details

SOLD
IMAGE: Tom Boyle, David Haigh, Tak O’Haru & Jerry Starr DATE: 05/12/2022 ADDRESS: 742 Glenn Ave MARKET: Wheeling ASSET TYPE: Industrial ~ ACRES: 6.55 BUYER: JV Global Services - Jerry Starr SELLER: Tomoegawa BUYER'S REP: Tom Boyle - Lee & Associates SELLER'S REP: David Haigh - NAI Hiffman; Tak O’Haru - White Cube LLC SALE PRICE: $4,500,000 SF: 119,115 ~ PPSF: $38

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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