Marcus & Millichap brokers $6.64 million sale of Illinois industrial facility
MMI•Marcus & Millichap brokered the $6.64 million sale of a 111,000-square-foot industrial distribution facility in Belvidere, Illinois. Polar Tech Industries bought the property from Moss Family Trust for its cold storage distribution business.
1. Sale details
The facility at 1805 Industrial Ct. sold for $59.77 per square foot. Built in 2000, it sits on 15.75 acres, including additional land for future development.
