Florida Investor MFP Osseo 2024 Buys Osseo Manufacturing Plant For $7M

The industrial property located at 301 & 325 County Road 81 in Osseo, MN, spanning 3 acres, was sold for $7,000,000. The transaction involved the sale of a 90,000-square-foot manufacturing plant by Rob Laubscher of Ceramic Industrial Coatings to MFP Osseo 2024 Property LLC, a Florida-based private investor. The price per square foot was $1.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $7,000,000
• Square Footage: 7,048,192
• Address: 301 & 325 County Road 81, Osseo, MN
• Market: Osseo, MN
• Buyer: MFP Osseo 2024 Property LLC
• Seller: Rob Laubscher - Ceramic Industrial Coatings

Ceramic Industrial Coatings, represented by Rob Laubscher, divested its manufacturing plant to MFP Osseo 2024 Property LLC, facilitating the acquisition by the Florida-based private investor. The deal signifies a strategic move in the real estate investment activities of both entities, reflecting market dynamics and investment preferences.