VES-Artex Absolute NNN Lease Industrial Wisconsin

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Tenant: VES-Artex Global Headquarters | Chippewa Falls, WI
Premises: 115,000 SF
Renewal Options: 4 x 5 Years

Lease Expiration: 11/30/2040
Lease Type: Absolute NNN
Rental Increases: 1% Annually

Sands Investment Group is Pleased to Present Exclusively For Sale the VES-Artex Absolute NNN Lease Located in Chippewa Falls, Wisconsin. This is a Rare Opportunity to Own an Industrial Property With 20 Year Absolute Triple Net (NNN) Lease.

Strong Lease Economics – This Property Features a Very Rare Absolute Triple Net (NNN) Industrial Lease That Has 19 Years of Term Remaining and Attractive 1% Annual Increases
Excellent Credit Tenant – VES-Artex, Started in 2008 and Has Exceptionally Strong, Private Credit Backing the Lease; Financials Are Available During Due Diligence
VES-Artex Was Recently Acquired By Turntide Technologies – The Creator of the Smart Motor System®, The World’s Most Efficient and Connected Motor System and a Recipient of Amazon’s First Climate Pledge Investments
Brand New Class a Facility – This Facility Was Recently Constructed and is Built to Today’s Highest Industry Standards For Industrial Properties; This is a True Class A Facility
Mission Critical Facility – This Location and Facility Was Strategically Picked as a Build-to-Suit For VES-Artex’s New Global Headquarters and Innovation Center; VES-Artex Started in Chippewa Falls in 2008 and They Are Fully Committed to the Location and the Area For Their Global HQ
The Chippewa County Economic Development Corporation (CCEDC), The City Of Chippewa Falls, Hoeft Builders and CBS Squared all Worked Together to Come Up With a Development Plan That Worked For VES-Artex, Keeping the Company in Chippewa Falls and Positioning Them For Future Growth

In Cooperation With ParaSell, Inc., Lic. # 938545-91 BoR: Scott Reid – Lic. # 58772-90

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Tenant Overview

VES-Artex was formed in early 2021 after the merger of VES and Artex Barn Solutions. VES-Artex is the premier global technology solutions provider for environmental systems in agricultural facilities. VES-Artex is owned entirely by Turntide Technologies — the creator of the Smart Motor System, the world’s most efficient and connected motor system and a recipient of Amazon’s first Climate Pledge investments
Based in Chippewa Falls, Wisconsin, the home of the organization’s new Global Headquarter and Innovation Center, VES-Artex also leverages operations throughout the US, Canada, Latin America and the rest of the world.
VES-Artex is focused on animal well-being as the foundation for agricultural success while strengthening its capabilities to impact agricultural operational performance through connected technologies. This research-driven approach brings veterinarians, designers, product experts and dairies together to innovate intelligent barn systems that optimize animal well-being and drive sustainability for farms worldwide.
They have developed the world’s most efficient electric motor system, based on revolutionary switched reluctance technology, managed by advanced cloud software. Their goal is to eliminate the 25% of global electricity consumption that is wasted by legacy electric motors, thus accelerating the world’s transition from fossil fuels and leaving them in the ground where they belong.
Turntide Technologies develops breakthrough sustainability technologies that drive down energy consumption and operating costs in buildings, agriculture, and electric transport, creating a path to 100% renewable energy and business sustainability. The Turntide Smart Motor System is driven by a patented Turntide Optimal Efficiency Motor with intelligent automation and cloud connectivity. The Turntide technology advances sustainability goals, saves money, and improves sustainability throughout the enterprise.
Headquartered in Sunnyvale, California, Turntide makes the world’s most reliable, efficient, and intelligent motor system. Unlike most clean tech products, their switched reluctance motor technology is actually less expensive to own and operate than its conventional alternative. When this revolutionary motor is combined with IoT building automation technology, the result is optimal efficiency. The Smart Motor System advances sustainability goals, saves money, and minimizes maintenance calls.

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