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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.
Shenehon Company
88 South 10th Street, Suite 400
Minneapolis, Minnesota 55403
Phone: 612.333.6533 / Fax: 612.344.1635
ValuationSpecialist@shenehon.com
