Avison Young has sold a mixed multi-tenant 83,745 square-foot portfolio at 1765-1795 Courtland Court, in Addison, Illinois.
Avison Young’s Erik Foster and Mike Wilson, principals based in the firm’s Chicago office and members of the national industrial capital markets team working in conjunction with local Chicago industrial professionals Adam Haefner, Zeke Rowan, and Martin Mikaitis, represented the seller, Courtland Court, LLC.
The buyer was Clear Height.
The current leasing momentum and the portfolio’s strong presence within the marketplace is illustrated by the recent leasing of 22,535 SF over the past 18 months according to Avison Young market data. In that time, the current occupancy of the portfolio has increased to 81 percent.