Hartung Enterprises Acquires 30 81st Avenue Northeast Industrial Property For $6.75M

The industrial property located at 30 81st Avenue Northeast in Fridley, MN was sold for $6,750,000. The asset comprises three buildings spanning 15,780 square feet, equating to a price per square foot of $428. The transaction occurred on 03/18/2024 and involved Hartung Enterprises purchasing the property from Carlson Park Properties LLC.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $6,750,000
• Address: 30 81st Avenue Northeast, Fridley, MN
• Market: Fridley, MN
• Square Footage: 15,780
• Buyer: Hartung Enterprises
• Seller: Carlson Park Properties LLC
• Brokers: Brent Masica & Danny McNamara - Cushman & Wakefield

The deal was facilitated by the brokers Brent Masica and Danny McNamara from Cushman & Wakefield. The buyers, Hartung Enterprises of Fridley LLC, made the purchase of the industrial site with a significant outdoor storage area of almost 8 acres. This transaction marks a strategic acquisition in the industrial real estate market, showcasing the active involvement of key industry players in property investments.