Marcus & Millichap negotiated the sale of 825 Corporate Woods Parkway, a single-tenant industrial flex property in Vernon Hills, Illinois. The property sold for $2.4 million.
Peter Doughty and Brent Holder, investment specialists in Marcus & Millichap’s Chicago Downtown office, had the exclusive listing to market the property on behalf of the seller, a private partnership based out of California, and procured the buyer, a local Chicagoland investor. Steven Weinstock, Broker of Record in Illinois, assisted in closing the transaction.
The 2.36-acre property is situated within the Corporate Woods business park in Chicago’s northern suburbs. Fully leased to Eastek International Corporation, a global manufacturing services company, the property includes 12,129 square feet of office space and 10,026 square feet of warehouse space. Built in 1998, the asset offers convenient access to Interstate-94, O’Hare International Airport and downtown Chicago.
