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NebraskaIndustrial

Cushman & Wakefield/The Lund Company sells industrial asset in Omaha market

January 21, 2022
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Denny Sciscoe, Director of Industrial Services with Cushman & Wakefield/The Lund Company, was involved in both the lease renewal and sale of 11720 Peel Circle in La Vista, Nebraska.

This industrial property sits on 16.28 acres of land in the robust Sarpy West Industrial Submarket. Initially, Sciscoe represented the current tenant in a 178,368-square-foot lease renewal. Upon completion of this transaction, Sciscoe was hired by the owner to silently list the building for sale.

Sciscoe’s marketing approach went to a specific group of buyers, which produced multiple offers and sold on December 30, 2021. The accelerated timeline for this transaction was only 50 days from the initial offer to closing. The total consideration for both the lease renewal and sale of this property was $23,065,650.

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