Venture One Acquisitions paid for the building with a loan from First Midwest Bank. Marc N. Zisook, vice president of commercial real estate, arranged the mortgage, which according to property records carries a 4% interest rate.
The property is about a mile from O'Hare International Airport, as well as the Northwest Tollway. Built as a 30,000-sf building on 4.69 acres in 1980, the building has since been expanded twice to its current size.
"It can be leased to a single tenant or redeveloped as a multi-tenant building, divisible to 46,000 sf," says Venture One Acquisitions principal Steven J. Goode, SIOR.
Mas Ishiba of Des Plaines-based Tobi International represented Kuriyama of America, Inc.
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more inforrmation visit Asset & Logo Licensing.