Industrial N Illinois
1300 Morse Avenue, Elk Grove Village, Illinois.

Suburban Chicago industrial portfolio sells for 11.5 million

Marcus & Millichap brokered the $11.5 million sale of a three-building industrial portfolio in suburban Chicago. Jordan Goodman, an associate in the firm’s Chicago downtown office, along with Matt Fitzgerald and Jeff R. Rowlett, both senior vice presidents, investments, in the Milwaukee office, represented the seller, a special servicer. All three properties sold at auction to separate buyers that were a mix of local and out-of-state institutions.

Industrial N Illinois
Brown Commercial Group completes 46,807-SF Rolling Meadows industrial sale

Brown Commercial Group completes 46,807-SF Rolling Meadows industrial sale

Brown Commercial Group has completed the sale of a 46,807-square-foot industrial building at 3201 Tollview Drive in Rolling Meadows, Illinois. The transaction was a partial sale-leaseback, with seller HK&RP LLC continuing to occupy about 27,000 square feet of the building while the buyer, Alliance Moving and Storage, occupies the remainder of the building—about 16,800 square feet of warehouse space and 2,500 square feet of office space.