Updated Jul 11, 2025
Electric Research & Manufacturing Cooperative Acquires Industrial Facility From Janko Group For $24M
13622 101st St
$24,000,000
$151/SF
Building Size
158,000 SF
Asset Type
Industrial
Closing
Jul 10, 2025
About this deal
AI
The industrial facility located at 13622 101st St in Kenosha, WI, was sold for $24,000,000. The asset spans a total area of 158,000 square feet, resulting in a price per square foot of $152. The transaction took place on July 10, 2025.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $24,000,000
- Buyer: Electric Research & Manufacturing Cooperative
- Seller: Janko Group
- Square Footage: 158,000
- Price per Square Foot: $152
- Market: Kenosha, WI
- Sale Date: 07/10/2025
Electric Research & Manufacturing Cooperative acquired the property from Janko Group after leasing the facility the previous year. This transaction highlights the ongoing relationship and previous engagement between the buyer and seller in the industrial real estate market.
On the Map
$24,000,000
$151/SF
Industrial
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Players
Kenosha 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
0.66%
Cash-on-Cash
-0.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93