Newmark Grubb Knight Frank has represented building ownership in the sale of an approximately 59,000-square-foot, free-standing industrial building in Elk Grove Village.
The industrial facility at 955 Lively Blvd in Wood Dale was sold by a private investment firm to Mark-Pol, a distributor of international foods.
Features and amenities of the 58,900-square-foot building that is situated on 2.2 acres of land include 4,000 square feet of office space, 18-foot clear ceiling heights in the warehouse portion, three interior docks and two drive-in doors. The property also features parking for approximately 60 cars.
John Joyce, Ryan Phillips and Chris Rickett, all of Nemark Grubb Knight Frank, represented the private investment firm in the transaction. The buyer was represented by Jason Farnam of Lee & Associates.