SOLD
Perla Co. USA Acquires North Aurora Industrial Building For $20M
950 Ice Cream Drive
Industrial
174,000 SF
174,000 SF
Sold 77 days ago
Summary
Sale
ILLINOIS
Industrial
174,000 sqft
An industrial building spanning 174,000 square feet located at 950 Ice Cream Drive in North Aurora was acquired for over $20 million by The Perla Co. USA Inc., a company specializing in Italian food products. The purchase was made for the establishment of their U.S. headquarters to manufacture and distribute antipasti items.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $20,000,000
- Acres: 12.3
- Address: 950 Ice Cream Drive
- Market: North Aurora
The transaction was facilitated by brokers Nick Krejci and Noel Liston from Core Industrial Realty, representing both the buyer, Perla Co. USA, and the seller, Larry Heard from Transwestern. The industrial property in North Aurora is set to be utilized by The Perla Co. USA Inc. for their operational needs following the planned build-out completion later this year.
Players
All
3
Agents
2
Agencies
1
Details
SOLD
IMAGE: Noel Liston, Nick Krejci & Larry Heard
DATE: 02/15/2024
ADDRESS: 950 Ice Cream Drive
MARKET: North Aurora
ASSET TYPE: Industrial ~ ACRES: 12.3
BUYER: Perla Co. USA
SELLER: Larry Heard - Transwestern (@Transwestern)
BROKERS: Nick Krejci & Noel Liston - Core Industrial Realty
SALE PRICE: $20,000,000
SF: 174,000 ~ PPSF: $115
NOTE: Italian food manufacturer The Perla Co. USA Inc. acquired a 174,000-square-foot industrial building in North Aurora, near Chicago, for its U.S. headquarters to produce and distribute antipasti products. The purchase price, exceeding $20 million, includes plans for occupancy this summer after build-out completion.View on map
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Address950 Ice Cream Drive
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