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Wausau Coated Products Inc Acquires Office Warehouse In Plymouth, MN For $5.9M

Property Image
SOLD
$5,900,000
Charlie Merwin
Danny McNamara
Clint Moe
+ 1

Minnesota

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Office74,867 SF
Sold 01/05/2024
the dealplayerscompscontact
Property Image
SOLD

Wausau Coated Products Inc Acquires Office Warehouse In Plymouth, MN For $5.9M

2790 Ranchview Lane North

See Similar Deals
Office74,867 SF
Sold 01/05/2024
Charlie Merwin
Danny McNamara
Clint Moe
+ 1
the dealplayerscompscontact
Contact now

Summary

MINNESOTA
Asset Type:Office
Price Per Square Foot:$78
Total Square Footage:74,867 SF
Transaction Type:Sale

Wausau Coated Products Inc has acquired the former J-Mark Products office warehouse in Plymouth, Minnesota. The property, located at 2790 Ranchview Lane North, sits on 4.84 acres of land. The transaction took place for a total sale price of $5,900,000. The office space spans across 74,867 square feet, resulting in a price per square foot of $79.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: $5,900,000
  • Address: 2790 Ranchview Lane North, Plymouth, MN
  • Market: Plymouth, MN
  • Acres: 4.84

The buyer, Wausau Coated Products Inc, a family-owned company, completed the purchase in cash. The seller, Gary R. Henrickson, agreed to the transaction. The deal was facilitated by brokers Charlie Merwin, Clint Moe, Danny McNamara, and Jason Meyer, representing Cushman & Wakefield.

Players

Charlie Merwin
Cushman & Wakefield
Charlie Merwin
1 deal$5.9M volume(612) 347-9346
BROKER
Danny McNamara
Cushman & Wakefield
Danny McNamara
5 deals$19.5M volume(952) 893-8895
BROKER
Clint Moe
Cushman & Wakefield
Clint Moe
1 deal$5.9M volume(612) 347-9348
BROKER
Jason Meyer
Cushman & Wakefield
Jason Meyer
1 deal$5.9M volume(952) 820-8735
BROKER

Details

SOLD
IMAGE: Charlie Merwin, Clint Moe, Danny McNamara & Jason Meyer DATE: 01/05/2024 ADDRESS: 2790 Ranchview Lane North MARKET: Plymouth, MN ASSET TYPE: Office ~ ACRES: 4.84 BUYER: Wausau Coated Products Inc SELLER: Gary R. Henrickson BROKERS: Charlie Merwin, Clint Moe, Danny McNamara & Jason Meyer - Cushman & Wakefield SALE PRICE: $5,900,000 SF: 74,867 ~ PPSF: $79 NOTE: Family-owned Wausau Coated Products Inc. has acquired the former J-Mark Products office warehouse in Plymouth, Minnesota, for $5.9 million in cash.

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