Biynah Industrial Partners Acquires Portfolio In Roseville, Oakdale & Woodbury, Minnesota Industrial Sale
Roseville, Minnesota, United States
$38,200,000
$101,595/SF
Building Size
376 SF
Asset Type
Industrial
Closing
Jun 1, 2023
AI
An industrial property located in Roseville, Oakdale, and Woodbury, Minnesota has been sold for a price of $38,200,000. The property spans over 376,218 square feet, resulting in a price per square foot of $102. The transaction took place on January 6, 2023 and involved the buyer, Biynah Industrial Partners represented by Ben Applebaum, and the seller, Link Logistics represented by Luke Petherbridge.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $38,200,000
- Address: Portfolio
- Market: Roseville, Oakdale & Woodbury, Minnesota
Ben Applebaum, representing Biynah Industrial Partners, acted as the buyer in this transaction. On the other hand, Luke Petherbridge represented the seller, Link Logistics. Together, they facilitated the successful sale of this industrial property.
Players
Saint Paul Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.42%
Cash-on-Cash
-0.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93