CBRE has arranged the sale of a 116,500-square-foot office building located at 2100 Norman Drive in Waukegan, Illinois. The property is long-term, net-leased to UCC Environmental, a leading provider of engineered, turnkey environmental solutions for power generation and industrial applications worldwide. Woodlark Investments, LLC sold the property to a partnership of ICP Funds and Fulcrum Asset Advisors in a transaction that closed April 24, 2023. A sale price was not disclosed.
CBRE’s Gary Nussbaum and Maury Vanden Eykel represented the seller, Woodlark Investments, LLC, in the transaction.
Built in 1989 as a build-to-suit for UCC Environmental, the property is situated on an expansive 7.75-acre site midway between Downtown Chicago and Milwaukee and is comprised of thoughtfully designed headquarters office spaces in addition to mission critical light industrial, laboratory, and showroom spaces.
