Avison Young completed the sale of a 61,000-square-foot industrial building located at 165 Chicago Street in Cary, Illinois.
Principals Erik Foster and Mike Wilson represented the seller, Itasca. The property was purchased by Agracel, Inc., a regional industrial development firm based in Effingham, Illinois.
The asset has been 100 percent leased to AMPAC since the property was constructed as a build-to-suit in 1985. AMPAC is a global manufacturer of pharmaceutical, health and beauty packaging.
The building has three exterior docks, one drive-in door and heavy power manufacturing. Built on a three-acre site, the building has 59 parking stalls. The building is close to highways, railways and airports.