Entre Commercial Realty represented the buyer of a 23,108-square-foot, single-tenant industrial property located at 320-350 Industrial Drive in South Elgin, Illinois. The private investment group acquired the asset for an undisclosed sum.
The property is 100 percent occupied and was an off-market transaction at the time of sale. The property features six drive-in doors, two docks, a new parking lot, recent office renovations and a long-term tenant which made this an attractive addition to the purchaser’s portfolio.
Entre’s Cory Kay and Mike DeSerto represented the buyer in this transaction. Bruce Granger of NAI Hiffman represented the sellers.