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Millhaven North - 640 Acre LED Certified Site 


600 Millhaven Rd

Monroe, Louisiana 71203


Listing Type:
For Sale
Listing Price:
$28,800,000.00
Property Type:
Vacant land
Year Built:
Land Area:
640.00 Acres

Description:

Millhaven North is a 640 acre, LED Certified Site located on Millhaven Road one-half mile north of Interstate 20 in Monroe, LA. The site was originally a 726-acre tract until DHL Supply Chain, North America acquired 86 acres in 2017 for a plant and logistics center. The 1.27-million square-foot facility will be used by Graphic Packaging International. DHL will complete the new logistics center by the second half of 2018, with Graphic Packaging consolidating the production of its two West Monroe carton plants into the new combined converting facility in 2019. This site is highly suited for clean manufacturing, third party logistic companies, research, e-commerce distribution and fulfillment centers in addition to standard industrial and warehouse development to meet local demand. As an LED certified site, the property owners have had an extensive amount of due diligence work completed prior to bring the tract to market. As a result the property has a clean bill of health and is one of largest shovel-ready sites along the I-20 corridor in north Louisiana.
Pricing Matrix
0 - 80 Acres $75,000/Acre
81 - 150 Acres $65,000/Acre
151 - 300 Acres $55,000/Acre
301+ Acres $45,000/Acre

Presented by:

Karl  Landreneau, CCIM, SIOR

Director of Commercial Sales and Leasing

Mr.

(225) 252-3733

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