One Liberty Properties, Inc. has agreed to purchase an industrial building for $28.3 million in Iowa.

The 236,324-square-foot building on about 23.5 acres is located in Council Bluffs, which borders Nebraska. The Class A property, whose construction was completed in 2023 consists of concrete tilt walls, 32-inch clear height, LED lighting, 27 dock loading doors, and ESFR sprinklers.

The warehouse is less than three miles away from downtown Omaha, Nebraska. Also, it's close to the I-80/I-29 four-way interchange.

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