Hawk Distribution Services

Freezer warehouse building recently sold in Metro St. Louis, Missouri.

                             

Sale of a Refrigerated Warehouse Building in Metropolitan St. Louis, Missouri.

There was the sale of a refrigerated warehouse building in the greater Metropolitan St. Louis, Missouri area. The building sale transaction closed on June 24, 2016. The cooler and freezer warehouse building is located in the Illinois portion of the Metropolitan St. Louis, Missouri area. The refrigerated warehouse building is at 5042 Route 162, Pontoon Beach, Illinois 62040.

The refrigerated warehouse building was a total of 18,324 square feet of refrigerated warehouse and office space. The total refrigerated warehouse area is 15,300 square feet or 83% of the building. The office area is 3,024 square feet or 16% of the building. The refrigerated warehouse space was capable of freezer warehouse storage temperatures. This freezer warehouse building has 33 foot high ceilings and 5 truck dock doors. The construction date was 2001. The building was in good overall condition. The freezer warehouse space and refrigerated dock has Freon refrigeration mechanical systems to provide refrigerated storage temperatures.

The time on market was 8 months. The Sale Price was $1,200,000 or $65.49 per square foot. The seller was Asset Management Development. The purchaser was Cargill Meat Solutions Corporation.

Jim Cronin is a refrigerated building real estate broker with Hawk Distribution Services LLC from St. Louis, Missouri. Jim was not involved in this real estate transaction.

Contact Jim Cronin at 314-994-0577 or e-mail J.Cronin@hawkds.com  www.refrigerated-buildings.com  or www.hawkds.com