Jonesboro Industrial Facility Sells for $5.3M

Jonesboro Industrial Facility Sells for $5.3M

Commercial real estate investment firm Marcus & Millichap of Calabasas, California, announced the sale of a 26,000-SF industrial facility in Jonesboro for $5,25 million. The seller was Jonesboro Cycle and ATV. The buyer was not named in a news release announcing the transaction. The building at 2800 Fair Park Blvd. is leased to building materials supplier SRS Distribution Inc. of McKinney, Texas, which was recently acquired by The Home Depot. Th…

Marcus & Millichap Negotiates $5.3M Sale of Industrial Facility in Jonesboro, Arkansas

JONESBORO, ARK. — Marcus & Millichap has negotiated the $5.3 million sale of a 26,000-square-foot industrial facility located at 2800 Fair Park Blvd. in Jonesboro. Situated on a 6.4-acre site near I-55, the property was fully leased at the time of sale to SRS Distribution, a building materials supplier that was recently acquired by The Home Depot. The building was delivered in 2013, according to LoopNet Inc. Giancarlo Mata of Marcus & Milllichap…