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Lee & Associates of Illinois sells Class A office building for $3.52 million in Schaumburg

October 27, 2023
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Lee & Associates, one of the largest national commercial real estate providers, successfully negotiated the $3.52 million sale of a 106,380-square-foot, five-story office building at 930 National Parkway in Northwest Suburban Schaumburg, Illinois. 

The Class A office property is located adjacent to Woodfield Mall and was originally built in 1989 for Cellular One and subsequently occupied by Cingular and AT&T. 

Lee & Associates Senior Vice President Tony Russo and Vice President Ryan Freed represented the seller, Somoha, LLC. The buyer, National India Hub Foundation (a national Indian-American organization focused on local community outreach and volunteering), was self-represented. National India Hub Foundation is planning to convert the property to a multi-purpose community center to help unite and celebrate its culture. The facility will include a charity clinic, conference rooms, indoor sports center, auditorium, donation center, event space and more.

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