Midloch Investment Partners And Fountain Real Estate Capital Acquire Industrial Property In Madison For $19.05M

The property asset involved in this transaction is a 131,558-square-foot industrial facility located at 5525 Tradesmen Drive in Madison, WI. It was sold for $19,050,000, which equates to approximately $145 per square foot. The facility features 32-foot clear heights, 14 dock positions, and a fast-response sprinkler system and was previously owned by Likewise Partners and Ackerberg Group.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $19,050,000
• Address: 5525 Tradesmen Drive
• Market: Madison, WI
• Square Footage: 131,558
• Price Per Square Foot: $145
• Buyer: Midloch Investment Partners & Fountain Real Estate Capital
• Seller: Likewise Partners & Ackerberg Group
• Broker: CBRE

The key individuals involved in the transaction include Midloch Investment Partners and Fountain Real Estate Capital as the buyers, and Likewise Partners and Ackerberg Group as the sellers. The deal was facilitated by broker CBRE, reflecting the collaboration of distinct entities within the real estate market.