Kidder Mathews Assists Purchaser in $17M Flex R&D Building
Comp Details:
Seller: Ingber, Ingber, Griffin Trust
Buyer: Market Street Capital Investors
RBA SF: 96,154 total
Lot size: 4.02 Acres (175,111 SF)
Selling price: $17,000,000 ($176.80/SF)
Type: Industrial – Flex R&D
This was a net leased investment, currently leased to Palmer College of Chiropractic. They have 7 years remaining on their current lease. The property recently underwent $1M in renovations.
