NAPERVILLE, IL-An affiliate of Orochem Technologies Inc. has bought an industrial facility in west suburban Naperville. APG Orochem Inc. acquired 340 Shuman Blvd. in June for $2.7 million from Dow Jones & Co. Inc.
The company paid nearly $32 per square foot for the 84,000-square-foot building. Until 2008, New York-based Dow Jones used the property as a printing facility and put the property on the market in 2009. APG Orochem financed the acquisition with a $2.4-million loan secured from U.S. Bank NA. For the full story, go to Crain's Chicago Business .
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