Saia LTL Freight Acquires Owatonna Warehouse For $14M From USF Holland

Fredrick J Holzgrefe III, on behalf of Saia LTL Freight, has acquired an industrial warehouse located at 200 32nd Avenue Northwest in Owatonna, Minnesota. The property was purchased from Scott Ware, representing USF Holland, for a total of $14,000,000. Spanning across 23,750 square feet, the warehouse was sold at an approximate price per square foot of $589.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $14,000,000
• Address: 200 32nd Avenue Northwest, Owatonna, MN
• Square Footage: 23,750
• Buyer: Frederick J Holzgrefe III - Saia LTL Freight
• Seller: Scott Ware - USF Holland
• Market: Owatonna, MN

Saia LTL Freight, a logistics subsidiary of Saia Inc. based in Georgia, completed the acquisition of the Owatonna warehouse for $14 million, in a cash deal with USF Holland. The transaction was finalized on January 22, 2024.