The former Little Falls ethanol plant located at 17936, 17940 & 17950 Heron Road in Little Falls, Minnesota, was sold in a transaction involving the buyer Ross Gale from International Process Plants (IPP) and the seller Superbrewed Food. The sale price for the industrial property was $2,500,000, covering an expansive area of 27 acres.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $2,500,000
• Buyer: Ross Gale - International Process Plants (IPP)
• Seller: Superbrewed Food
• Address: 17936, 17940 & 17950 Heron Road, Little Falls, Minnesota
• Market: Little Falls, Minnesota
• Asset Type: Industrial
• Acres: 27

IPP, a global buyer and seller of process plants and equipment, has taken a significant step by acquiring the former ethanol plant in Little Falls for $2.5 million. This purchase allows IPP to venture into the fermentation/biochemical industry, providing a strategic expansion of their portfolio into a new sector, enabling manufacturers to operate with reduced capital expenditure.