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.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.