SOLD
Realty Income Properties Acquires Lakeville Industrial Building For $9.5M From Dewitt Clinton LLC
8860 207th Street West
Industrial
121,864 SF
121,864 SF
Sold 77 days ago
Summary
Sale
MINNESOTA
Industrial
121,864 sqft
The Lakeville industrial building, situated at 8860 207th St. W., with an area of 121,864 square feet, was successfully acquired by Realty Income Properties from Dewitt Clinton LLC for $9.5 million. This property transaction took place in Lakeville, MN, within an 8.07-acre industrial asset.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $9,500,000
- SF: 121,864
- PPSF: $78
- Address: 8860 207th Street West
- Market: Lakeville, MN
The brokerage representation in this deal was provided by Bentley Smith & Judd Welliver from CBRE.
Players
All
3
Agents
2
Agencies
1
Details
SOLD
IMAGE: Bentley Smith & Judd Welliver
DATE: 02/01/2024
ADDRESS: 8860 207th Street West
MARKET: Lakeville, MN
ASSET TYPE: Industrial ~ ACRES: 8.07
BUYER: Realty Income Properties
SELLER: Dewitt Clinton LLC
BROKERS: Bentley Smith & Judd Welliver - CBRE
SALE PRICE: $9,500,000
SF: 121,864 ~ PPSF: $78
NOTE: Realty Income Properties acquired a Lakeville industrial building from a local investment entity for $9.5 million. The 121,864-square-foot building, located at 8860 207th St. W., was sold by Dewitt Clinton LLC in Minneapolis.View on map
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Address8860 207th Street West
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