SALE PRICE: $6,110,000
Continuing the history of success RealINSIGHT Marketplace has had selling industrial assets and loans, Marketplace sold a non-performing note secured by an 182,000+ SF industrial warehouse/distribution facility in Champaign, IL. The collateral was 100% leased to a single tenant with a lease expiring in three years. A renowned national investment sales broker was brought in to facilitate this sale. With the help of the experienced Marketplace team, the loan was sold well above the value the seller had believed the market could bare.