Cushman & Wakefield | Sage Partners brokers $1.9 million sale of Springdale industrial property
Quinn Family Limited Partnership II recently purchased an 11,514 SF industrial property and 2.84 acres of land, located at 4268 Haile Lane, in Springdale for $1,985,000. Matt Imhoff of Cushman & Wakefield | Sage Partners represented the seller, Haile Lane, LLC. Jordan Woodcock of Marcus & Millichap represented the buyer.
The property is located on interstate frontage, which is highly sought after, and access to the property is going to improve as the city of Springdale completes an overpass project that is directly to the north. Rent increasing, cap rates compressing, and the new overpass provided an ample opportunity for the transaction.
To learn more about opportunities through Cushman & Wakefield | Sage Partners, visit https://www.sagepartners.com/.