Marcus & Millichap announced the sale of Carnegie Street Business Center, a 25,800-square-foot industrial property located in Rolling Meadows, Illinois, according to Joe Powers, regional manager of the firm’s Chicago Downtown office. The asset sold for $1,560,000.
Peter Doughty, vice president and an investment specialist in Marcus & Millichap’s Chicago Downtown office, had the exclusive listing to market the property on behalf of the seller, a local private investor. The buyer, another local private investor, was secured and represented by Neil T. Bresnahan, associate and an investment specialist in Marcus & Millichap’s Chicago Oak Brook office.
Carnegie Street Business Center is located at 1225 Carnegie Street in Rolling Meadows, Illinois. The center is a multi-tenant industrial facility that is comprised of seven total suites ranging from 1,800 to 6,200 square feet.
