ML Realty acquired a 70,957-square-foot industrial building in Lincolnshire, Illinois.
The property is located at 500 Bond Street and is fully leased by a long-term tenant.
“The ability to purchase a high image facility within South Lake County, a market which is consistently strong due to abundant access to labor and executive housing, makes this acquisition a great complement to ML Realty Partners’ portfolio,” said ML Realty’s Vice Preside Craig Phillips.
Jeff Devine, Steve Disse and Matthew Stauber of Colliers International represented the seller in the transaction.