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Hillwood Acquires Industrial Property In Monee For $50.3M

25101 South Ridgeland Avenue
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This Industrial property located in IL was sold for $50,300,000 over 3 years ago. The brokers of the deal were Traci Payette and Stephanie Park

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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Deals
  • Location
    25101 South Ridgeland Avenue25101 South Ridgeland Avenue
  • Sale Price
    $50,300,000$50,300,000
    $57 PPSF$57 PPSF
  • Area
    879,040 SF879,040 SF
  • Asset Type
    IndustrialIndustrial
  • Parties
    2 Brokers, 1 Agency2 Brokers, 1 Agency

Agents

Traci Payette

Traci Payette

Deals1
Sold$50.3M

Agency

CBRE

CBRE

Agency
Deals4230
Volume$184.3B

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Deal Summary

SALE 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: $824,590

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25101 South Ridgeland Avenue

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