Northmarq brokers $15.6M sale of single-tenant industrial property in Illinois
NASHVILLE, Ill. (April 29, 2025) — Northmarq’s Commercial Investment Sales team, led by Colin Couch, Jason Powell, Brian Ritchie and Tyler McCain, successfully brokered the $15.6 million sale of a prime industrial property in Nashville, Illinois.
The 276,887-square-foot facility, located at 18355 Enterprise Avenue, serves as a manufacturing and distribution hub for Antolin Interiors USA, Inc., a global leader in automotive interior solutions.
The tenant and its predecessor in interest have been at the site since 1988 (over 30 years) and have invested over $30 million into heavy manufacturing equipment and upgrades to the site.
Northmarq represented the seller, a private investor, and the buyer was Agracel Inc. based in Effingham, Illinois.
“We are pleased to have successfully completed the sale of this high-quality industrial facility in Nashville, Illinois, leased to Grupo Antolin, a global leader in automotive interior manufacturing,” Couch said. “This transaction highlights the continued investor demand for industrial facilities backed by strong, creditworthy tenants.”
The property is strategically located only 50 miles outside of St. Louis, and less than 2 miles from Interstate 64 (I-64), a critical east-west distribution corridor. The strategic proximity to I-64 gives the tenant efficient and direct highway access to its long-term contracted customer base, including General Motor’s 3.7 million-square-foot Wentzville, Missouri plant.
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