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MidwestCRE

Entre appointed property manager and leasing agent for two office/warehouse buildings

Staff Writer April 4, 2017
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Entre Commercial Realty LLC has been retained by a large national lending institution and their court-appointed receiver to assume property management agent and leasing responsibilities for two suburban flex/office/warehouse buildings. Entre will handle all the property, financial and construction management of both facilities with Mary Meagher as acting Portfolio Manager. Entre will also handle leasing.

1000 East State Parkway, Schaumburg— This is a 43,800-square-foot flex building with office and warehouse space on 3.18 acres in the prestigious Woodfield Business Center. The building features two common-area truck docks, a drive-in door, 16-foot clear ceiling height in the warehouse and has excellent access to the main industrial, retail and office district in Schaumburg. Currently two suites are available for lease — 2,070-square-foot and 7,005-square-foot spaces with office and partial warehouse at a $9.95-per-square-foot modified gross lease rate. Dan Benassi and Mike DeSerto are the leasing agents for the property.

700-714 Landwehr Road, Northbrook—This is a 41,835 square foot office and warehouse flex building located in the highly desirable Sky Harbor Business Park. The building has two common-area docks and a 16-foot clear ceiling height in the warehouse with easy access to multiple highways. Currently one 5,094-square-foot suite is available at a $6.00-per-square-foot gross lease rate. Nick Walby and Dan Benassi are the leasing agents for the property. These new assignments are part of the expansion of property management services for the firm. Meagher joined Entre in 2014 to spearhead the expansion of the firm’s third-party Property Management services. She has more than 20 years of industry experience.

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