Foreign investor acquires Vandalia warehouse for $3.4M

A foreign limited liability company just paid $3.4 million for a Park 75 North warehouse in Vandalia.

Las Vegas-based Poe Holdings LLC sold the 114,000-square-foot building and nearly 6 acres at 6530 Poe Ave. to Daytona Partners XXI, LLC for that amount, county property records show.

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The transaction was dated Monday. General Pet Supply and Shopsmith Inc. are tenants, according to a real estate listing.

The new owner has purchased no other Montgomery County properties.

Also on Poe Avenue and just over a mile north of the just-purchased warehouse, MidFlorida Credit Union bought 3.6 acres of commercially zoned vacant land in four parcels northwest of the Poe Avenue terminus. The seller was Fab IV Inc., and the transaction was dated Tuesday.

MidFlorida paid $790,407 for the land.

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