Industrial Realty Group Acquires 411 Farwell Avenue In South St. Paul For $21.47M

The property asset involved in the transaction is an industrial building located at 411 Farwell Avenue in South St. Paul, MN. The sale price of the property was $21,470,000, and it encompasses a total square footage of 422,727. The industrial facility features 36 dock doors, a 22-foot clear height, and has Union Pacific rail access.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $21,470,000
• Square Footage: 422,727
• Address: 411 Farwell Avenue
• Market: South St. Paul, MN
• Price per Square Foot: $51
• Buyer: Industrial Realty Group
• Seller: Stag Industrial
• Broker Representatives: Colin Ryan & David Berglund - JLL

This transaction involved Industrial Realty Group acquiring the former Sportsman’s Guide warehouse with the facilitation of JLL’s brokers Colin Ryan and David Berglund, who were instrumental in bringing the buying and selling parties together.