A recent industrial transaction in Fostoria highlights continued investor appetite for stabilized Midwest assets.
Equity Commercial Real Estate Solutions facilitated the $3.3 million sale of a 178,000-square-foot manufacturing facility located at 1150 State St. The property was acquired by an out-of-state private investor, underscoring ongoing national demand for industrial assets in secondary markets.
The facility is fully leased to Close the Loop, a global recycling and resource recovery company. The building serves as a mission-critical component of the tenant’s North American operations, supporting its broader sustainability and materials recovery strategy.
The transaction was marketed by Equity’s industrial investment team, with brokers Josh Baker and George Stecz representing the seller. The deal reflects a broader trend of investors targeting stabilized, income-producing industrial properties with long-term tenancy and strong fundamentals in regional markets.
Read the full article here: https://rejournals.com/equity-commercial-brokers-sale-of-178000-square-foot-industrial-facility-in-fostoria/
