Minneapolis – September 6, 2016 – CBRE announced today it has been selected to market a state-of-the-art 512,324-square-foot former Procter & Gamble distribution center in West Branch, Iowa on behalf of its owner. The property is the largest contiguous block of true distribution space in the state of Iowa and is conveniently located along Interstate 80, just fifteen minutes east of Iowa City.
This Class A distribution facility was constructed in 2006 to serve as a distribution center for Procter & Gamble. The building is of excellent quality and boasts many modern features, such as 30'-35' clear height, an early suppression fast response sprinkler system, 50 dock doors w/levelers, 50' x 50' column spacing, and sturdy concrete tilt-up panel construction.
Senior Associate Andy Lubinski of CBRE’s Minneapolis office and Austin Hedstrom of CBRE’s Des Moines office will market the property for lease. Lubinski and Hedstrom have completed transactions totaling more than 7,000,000 square feet since 2011. The facility is available for immediate occupancy.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2015 revenue). The Company has more than 70,000 employees (excluding affiliates), and serves real estate investors and occupiers through more than 400 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.
