Airport Commerce Center

INDUSTRIAL FLEX PROPERTY: OMAHA,NE

Property Highlights

NOTES

  • Property suffered from owner neglect
  • Poor leasing demand in sub-market
  • Property was 54% occupied at closing

Property Overview

Industrial Flex / R&D

1234 E Hartman Ave, Omaha, NE

1987 / 1989 / 2000

65,101 SF

The End Result

April 27, 2006

$3,550,000

$54.53

MAJOR POINTS

  • Property went under contract within 30 days of listing agreement execution
  • Property closed 51 days after contract execution at the original contract terms
  • Sale price was 93% of listing price

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