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MidwestIndustrial

Newmark Grubb Knight Frank completes industrial condo sale

Staff Writer April 5, 2017
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John Joyce, Ryan Phillips and Chris Rickett of Newmark Grubb Knight Frank represented the seller, a private investor, of an industrial condo space at 2300 W. Lake St., Chicago. The transaction value was approximately $3.8 million, or $100 per square foot.

The 38,000-square-foot industrial condo built in 2007 boasts 2,300 square feet of freezer space and 12,000 square feet of cooler space, 35-foot clear and 12 exterior docks.

GLG International, represented by Mark Nelson, of NelsonHill, purchased the warehouse for $3.8 million or $100 per square foot

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