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Douglas County flex building is snagged by Wisconsin Investor for $17.6 million

Douglas County

Property Location: 8560 Upland, Englewood

Property Description: 147,550-sf industrial building, YOC 2001, tilt-up concrete

Land Size: 11.564 acres

Sales Price: $17.6M, or $119.28 per sf

Reception No.: 2017051215

Closing Date: 7/28

Grantor: Wells Fund XIII – REIT Joint Venture, Leo F. Wells III, pres.

Grantee: Rockton Riverview LLC, Rob Gerbitz, pres., 608-362-8981

525 Third St., Suite 300, Beloit, WI 53511

Financing: Cash

Comments: See APN: 2233-061-02-005 – 3.21 acres of vacant land;

See APN: 2233-061-02-003 – 147,550-sf industrial building on 8.354 acres.

Comp of the Day is provided by John V. Winslow, president of Winslow Property Consultants. Winslow has more than 40 years’ experience in commercial real estate. He can be reached at 720-612-7878 or Colprop2012@gmail.com.