SCHAUMBURG, IL-Marc Realty has bought a foreclosed office complex in Schaumburg for $7.3 million. The Chicago-based firm has purchased the 228,000-square-foot Gateway Executive Park property from Wells Fargo Bank.
The bank filed a $15.2-million foreclosure lawsuit on the complex, situated at 1821-1834 Walden Office Square, nearly two years ago. It seized the office complex last March. The property is nearly 70% occupied. Associated Bank NA provided a $7-million loan to finance the acquisition of the Walden Office Square property. For the full story, go to Crain's Chicago Business .
GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
