Representing building ownership, Adam Tarantur, principal, and Randy Podolsky, SIOR, managing principal, both with Podolsky Northstar CORFAC International, have completed the sale of a flex building located at 3600 Thayer Court in Aurora.
The 69,630-square-foot single story building, located five miles from the four-way interchange at I-88 and Route 59, can serve as a single- or multi-tenant facility. It was 7 percent leased at the time of sale.
The building features two exterior docks, three drive-in doors, 18-foot clear ceilings and heavy power. Other amenities include a T1 fiber infrastructure, and an existing research and development infrastructure.
Podolsky Northstar, in addition to being the exclusive marketing agent for the building since it went into foreclosure in early 2010, also provided professional property and asset management services to ownership, Jefferson-Pilot Investments.
The purchaser, ROC Inc., was represented by Dave Prioletti of CB Richard Ellis.
The seller was provided legal representation by Dan Minor of Vorys, Sater, Seymour & Pease LLP in Columbus, Ohio. Daniel Kopp of Daspin & Aument LLP in Chicago provided legal representation to the purchaser.
Other JPI-owned properties for which Podolsky Northstar has completed sales in the past year include:
- a 19,920-square-foot industrial building located at 554 Territorial Drive in Bolingbrook, which was acquired by Universal Laminating & Converting, and
- a 43,681-square-foot building located at 7330 Madison Street in Willowbrook, which was sold to a German private equity firm.