CBRE arranged the sale of a 142,914-square-foot industrial property at 833 Legner St. in Bremen, Indiana, for $5.3 million to a private, high-net-worth 1031 Exchange buyer from California.
CBRE’s Midwest Capital Markets Experts Kevin Foley, Austin Wolitarsky and Anthony DeLorenzo, along with Terry Busch of CBRE, represented the private seller in the transaction.
The building was 100% leased with 6.25 years remaining on the lease to Patrick Industries, a leading manufacturer and supplier of interior and exterior component solutions for the RV, Marine, Powersport, and Housing markets.
Situated on 9.68 acres, the building features sixteen grade-level doors, with clear heights of 12 to 24 feet. The property is immediately adjacent to US 6, which provides seamless access to routes connecting the greater Midwest.
