Industrial N Illinois
Merit Partners completes sale-leaseback of Mundelein industrial property

Merit Partners completes sale-leaseback of Mundelein industrial property

David Liebman, SIOR, JD, managing broker of Merit Partners, LLC, was the sole broker in a sale-leaseback for a 38,543-square-foot industrial building in Mundelein, IL. Venture One Real Estate, through its acquisition fund, VK Industrial IV, LP, a partnership between Venture One and Kovitz Investment Group, acquired the building on 3.12 acres of land located at 939 Tower Road.

Industrial N Illinois
NKF completes three leases totaling 118,000 SF for Barings

NKF completes three leases totaling 118,000 SF for Barings

Newmark Knight Frank (NKF) recently completed three new leases totaling 118,000 square feet on behalf of Barings Real Estate Advisers in support of an institutional investor. Senior managing directors Elise Couston, SIOR and Adam Marshall, SIOR, CCIM, along with director Mark Deady, CCIM, all of NKF’s Chicago office, were involved in the deal.

Industrial N Illinois
NKF represents Animal Supply Co. in 220k SF lease in Bartlett

NKF represents Animal Supply Co. in 220k SF lease in Bartlett

Newmark Knight Frank (NKF) represented Animal Supply Company in a long-term, 220,000-square-foot lease at 1323 Brewster Creek Boulevard in Bartlett, IL. A leading distributor of wholesale pet products, Animal Supply signed the lease within Brewster Creek Business Park following NKF’s strategic analysis of suitable, local options for the company’s new location.