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13001 Baxter Ct

Eaton Vance Corp Acquires Cold Storage Warehouse From Zilber Property Group For $71.4M
SOLDIndustrial

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

Eaton Vance Corp
Eaton Vance CorpBuyer

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