BELLINGS

Vacant Industrial Property in Illinois Trades Hands

Marcus & Millichap completed the sale of 421 W. Industrial Ave., a vacant, single-tenant industrial property in Effingham, Illinois. “This was an off-market owner-user sale that resulted from years of relationship-building with the sellers,” said Forest Bender, managing director…

Marcus & Millichap completed the sale of 421 W. Industrial Ave., a vacant, single-tenant industrial property in Effingham, Illinois. “This was an off-market owner-user sale that resulted from years of relationship-building with the sellers,” said Forest Bender, managing director…

BELLINGS Intelligence Score: 8

Why it matters

The sale of a vacant industrial property in Illinois is routine commercial real estate activity with limited market impact or broader credit relevance.

Sources

  • Connect CRE

    Vacant Industrial Property in Illinois Trades Hands

    Marcus & Millichap completed the sale of 421 W. Industrial Ave., a vacant, single-tenant industrial property in Effingham, Illinois. “This was an off-market owner-user sale that resulted from years of relationship-building with the sellers,” said Forest Bender, managing director…