Golden Group Real Estate, Inc. is pleased to announce the sale of 2 adjacent vacant industrial buildings in Hanover, IL totaling 109,380 square feet sitting on approximately 30 acres of land. The property was rebuilt as a turn-key cannabis manufacturing and distribution business. The current owners were growing hemp with anticipation to convert the production into cannabis but failed to secure a valid license for cannabis, therefore the building and business were offered for sale at a huge discount. After a few months of aggressive marketing, the firm was able to secure buyers with a valid, approved by the state of Illinois, cannabis license and a successful closing took place on December 11, 2023.
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