Real Estate Transactions: Great River Headquarters

Property: Great River Headquarters

Buyer: Eaton Corporation

Seller: Cooperative Power

Source: Seller's Representative

Sale Date: June 22, 1999 (purchase agreement); August 27, 1999 (Closed)

Sale Price: $9,250,000

Unit Price: $98.67/sq. ft.

Net Rentable Area: NA

Gross Building Area: 93,748 sq. ft.

Zoning: I-5, Industrial

Utilities: All Available

Topography and Soil: Rolling to level and assumed sound

Visibility and Access: Good

Age: 1980

Land Size: 25.37 acres

Remarks: The building is fully heated and air conditioned but only 75% is currently finished space. Prior to Eaton Corporation's taking control, the balance was used for garage, warehourse and service area needs. Included in the transaction was the excess land.

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