Location:
301 Hintz Road
Wheeling, IL
Buyer:
The Eastern Company
Seller:
2076 N. Elston, LLC
Date of Sale:
12/19/06
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TRANSACTION SUMMARY:
The property was a single-tenant industrial facility with approximately five years remaining on the current lease.
We generated interest from investors and produced two offers at aggressive prices. After nearly fifty years of leasing the facility, the tenant made the decision to purchase the property at a number that exceeded investor interest.
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