This article originally ran in the St. Louis Business Journal on January 7, 2021.
A 65,000-square-foot industrial building in Edwardsville has sold for $4.65 million.
The property, built in 2008 and located at 131 Enterprise Drive near companies such as Hershey’s, Amazon and Geodis, is occupied by Team Industrial, which signed an 11-year lease just months before the deal closed on Dec. 21.
Although small in nature, the deal illustrates just how in demand the industrial market is.
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