Eaton Vance Corp Acquires Cold Storage Warehouse From Zilber Property Group For $71.4M
13001 Baxter Ct
$71,400,000
$229/SF
Building Size
311,000 SF
Asset Type
Industrial
Closing
Mar 19, 2026
AI
A 311,000-square-foot cold storage warehouse located at 13001 Baxter Ct in Caledonia, WI, has been sold for $71.4 million. This industrial property was acquired by Eaton Vance Corp from Zilber Property Group, reflecting a price per square foot of $230.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $71,400,000
- Buyer: Eaton Vance Corp
- Seller: Zilber Property Group
- Square Footage: 311,000
- Price Per Square Foot: $230
- Tenant: Saputo Cheese USA
- Market: Caledonia, WI
This transaction involved Zilber Property Group selling the aforementioned property, while Eaton Vance Corp engaged in the acquisition via an affiliate. The transaction reflects significant activity in the industrial real estate market, particularly concerning cold storage facilities.
Players
Franksville 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
0.22%
Cash-on-Cash
-0.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93