SOLD
Hillwood Acquires Industrial Property In Monee For $50.3M
25101 South Ridgeland Avenue
Industrial
879,040 SF
879,040 SF
Summary
Sale
ILLINOIS
Industrial
879,040 sqft
An industrial property in Monee, located at 25101 S. Ridgeland Avenue, has been sold for a price of $50,300,000. The property spans 879,040 square feet, resulting in a price per square foot of $57. Situated on 61 acres, the price per acre amounts to $824,590. The transaction took place on November 20, 2020.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $50,300,000
- Address: 25101 S. Ridgeland Avenue
- Square Footage: 879,040
- Price per Square Foot: $57
- Acres: 61
- Price per Acre: $824,590
The buyer of the property is Hillwood, while the sellers are DeBartolo Development LLC and Location Finders International. The transaction was facilitated by brokers Traci Payette and Stephanie Park from CBRE.
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Details
SOLD
IMAGE: Traci Payette
DATE: 11/20/2020
ADDRESS: 25101 S. Ridgeland Avenue
MARKET: Monee
ASSET TYPE: Industrial
BUYER: Hillwood
SELLERS: DeBartolo Development LLC & Location Finders International
BROKERS: Traci Payette & Stephanie Park - CBRE
PRICE: $50,300,000
SF: 879,040 ~ PPSF: $57
ACRES: 61 ~ PPA: $824,590View on map
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Address25101 South Ridgeland Avenue
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