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 , Bethel, MN 55005
SOLD

Kooka Properties LLC Acquires Industrial Property In Bethel For $2.3M

, Bethel, MN 55005

Industrial
36,000 SF
clock iconSold 29 days ago
Richard Lee
Maria Vannelli
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Summary

Sale
MINNESOTA
Industrial
36,000 sqft

The industrial property located at 23530 University Avenue Northwest in Bethel, MN, spanning 4.35 acres, was sold for $2.3 million. The transaction involved a 36,000-square-foot building with office and manufacturing space, at a price of $64 per square foot. The buyer, Kooka Properties LLC, acquired the property from the seller, FabFam LLC.

Summary of transaction details:

Richard Lee from Premier Commercial represented Kooka Properties LLC as the buyer's representative in the deal, while Maria Vannelli from Labelle Real Estate Group represented FabFam LLC as the seller's representative. The sale of the former Chandler Industries plant in Bethel was finalized on 05/14/2024. The property became available after Chandler Industries relocated to a new facility in Blaine.

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  • Agencies

    2

Richard Lee's profile picture
Richard Lee
Premier Commercial-image
Commercial Real Estate Sales Agent
$2.3M Sold

Details

Deal Summary
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SOLD
IMAGE: 05/14/2024 ADDRESS: 23530 University Avenue Northwest MARKET: Bethel, MN ASSET TYPE: Industrial ~ ACRES: 4.35 BUYER: Kooka Properties LLC SELLER: FabFam LLC BUYER'S REP: Richard Lee - Premier Commercial SELLER'S REP: Maria Vannelli - Labelle Real Estate Group SALE PRICE: $2,300,000 SF: 36,000 ~ PPSF: $64 NOTE: Kooka Properties LLC bought the former Chandler Industries plant in Bethel for $2.3 million from FabFam LLC. The 36,000-square-foot building, which includes office and manufacturing space, was vacated after Chandler Industries moved to a new facility in Blaine.

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Address , Bethel, MN 55005

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