PowerLink Electric, repped by Newmark Knight Frank Epic's Tom Boyle and Jared Paff, bought the 25k SF 400 Corporate Woods industrial building in Vernon Hills. Paine/Wetzel/TCN Worldwide's Whit Heitman, Samuel Badger, and Brad Weiner repped the seller, Brevini USA.
Wells Core Office Income REIT bought the 172k SF, five-story Four Pkwy N in Deerfield from JBC Funds Parkway North LLC for $41M. It's fully leased to CF Industries Holdings and Lundbeck.
Kinter's former HQ in Gurnee, a 30k SF industrial
building at 3982 Ryan Rd, has sold to Eirich Machines, which occupies
the building next door. Newmark Grubb Knight Frank's Thomas Boyle repped the seller.
Newcastle Ltd acquired the 13,500 SF 1542 N Damen Ave and the 18-unit 2010 W Pierce Ave apartment building in Bucktown
for $9.9M on behalf of its $500M Chicago real estate investment
platform. 1542 Damen is leased to Penny's Noodles, Blue Line Bar &
Grill, Greener Cleaner, and two office tenants, and the apartments are
The Boulder Group's Randy Blankstein and Jimmy Goodman repped the seller in its $1.1M sale of the 2,500 SF Budget Rent a Car at 8940 S Cicero Ave in Oak Lawn to a Canadian high-net-worth individual. Budget has a net lease with four years remaining and two renewal options.
Rock Prairie Partners bought 8,000 SF of retail at 7-19 Prairie Ave in Highwood. Lee & Associates' Rick Scardino worked on the deal. School of Rock will occupy half the building.
***Lee & Associates' Terry O’Hara repped American Chartered Bank in its sale of three acres at 3920 Hawthorn Court in Waukegan to ECS Roofing.