Chad Firsel, president of Quantum Real Estate Advisors Inc.,represented the buyer in the transaction. He says Mosaic securedfinancing from Wells Fargo for 25% of the purchase price. Theproperty, 97% leased, had 15 bidders. "It's the largest open-airdeal in the past two years," Firsel says, and shows that sufficientcapital from banks and investors is starting to pour through thesystem.

The property at the intersection of Randall and McDonald roadsincludes a pad that can hold another 25,000-square-foot building,Firsel says. The 2-year-old center was built by V-Land Corp.

BEDFORD PARK, IL-CB Richard Ellis represented ownership in thesale of a 296,147-square-foot industrial building at 7123 W. 65th.The building was purchased by GRM Information Services, a nationalrecord storage company. The new building serves as an expansion forthe GRM, which will take occupancy of the new building soon andcontinues to operate at its current location at 2211 S. Throop St.in Chicago. The sale price was not disclosed. According to MichaelCaprile of CBRE, who worked on the sale with Mitch Adams, TedStaszak and Stephanie Park, "Despite a recent resurgence in theinvestment sales market, investors are still not willing to take ona lot of leasing risk and users are finding excellent opportunitiesto own and occupy." Jeanne Rogers at Arthur J. Rogers & Co.represented the tenant.