Midwest Industrial Hub Changes Hands
- Jul 17, 2018
JLL has facilitated the sale of 2925 Industrial, a 139,077-square-foot multi-temperature mixed-use property in Junction City, Kan. The 2006-built industrial facility was sold by SpartanNash, which acquired the asset back in 2014. The sale includes a 34,800-square-foot cooler-freezer storage area, as well as 19.8 acres of land suitable for expansion.
Located at 2925 Industrial St., the property offers strategic distribution towards metro areas such as Kansas City, Oklahoma City, Denver, St. Louis and Chicago. The asset is close to Interstate 70, and Interstates 135, 335 and 35 are all within an hour’s drive. The property features 30 feet clear height, 30 loading docks, one grade-level door and 102 parking spaces.
JLL Senior Vice President Chuck Rosien led the sales team that closed on the sale. Recently, JLL has brokered the leasing of a 107,000-square-foot industrial facility within World Houston Business Park.
“With the right strategic improvements, the property will grow along with the areas it’ll serve, increasing the quality of service and ultimately the revenue of the new operator,” said Rosien, in a prepared statement.
Image courtesy of JLL