The building was constructed in 2001 in the Territorial BusinessPark. The building has 56,000 sf of office space and 16 exteriordocks. The property is fully leased to Goss International, whichmakes printing presses and other equipment for printers andpublishers, Walsh says. The property is near Interstate 55 and hasvisibility from the highway.

|

Michael Caprile, Ted Staszak, Stephanie Park and TraciBuckingham, all with CB Richard Ellis, represented the seller inthe transaction. The building was acquired for Wrightwood'sIndustrial Property Fund III and is the 19th acquisition for thefund. The fund is 90% committed and is expected to have a value ofclose to $200 million, Walsh tells GlobeSt.com.

Want to continue reading?
Become a Free ALM Digital Reader.

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.