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MidwestIndustrial

Marcus & Millichap arranges sale of 48,101-square-foot industrial building

Staff Writer April 5, 2017
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Marcus & Millichap Real Estate Investment Services has completed the sale of 100-180 Touhy Court, an industrial complex located in Des Plaines.  The asset sold for $1.7 million.

Paul Tesdal and Stephen Lieberman, investment specialists in Marcus & Millichap’s Chicago downtown office, had the exclusive listing to market the property on behalf of the seller, a private investor.  The buyer, a fund manager, was also secured and represented by Tesdal and Lieberman

100-180 Touhy Court is comprised of two flex/industrial properties totaling 48,101 rentable square feet, each built in 1989. Currently the properties are 72 percent occupied.

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