Manning Terminal LLC Acquires Industrial Property In Blaine MN From Manning Properties LLC For $5.5M

The industrial property located at 2775 101st Ave NE in Blaine, MN has been sold. The transaction was completed for a price of $5,500,000. The asset encompasses a total area of 11,731 square feet, resulting in a price per square foot of approximately $469.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $5,500,000
• Address: 2775 101st Ave NE
• Market: Blaine, MN
• Square Feet: 11,731
• Price per Square Foot: $469
• Buyer: Manning Terminal LLC
• Seller: Manning Properties LLC

Manning Transfer Inc. concluded the sale of its Blaine terminal to Manning Terminal LLC, an entity associated with St. Paul-based DG-Equities. This transaction highlights the involvement of both Manning Properties LLC as the seller and Manning Terminal LLC, representing the buyer in this deal.