MELROSE PARK, IL-Part of former 87,500-sf supermarket will soon be a campus of Lincoln Technical Institute, the rest new retail space.
The value of the disposition was about $3.7 million. The remaining 40,500 sf in the building is up for lease, with NAI Hiffman, who negotiated the disposition, as the leasing agent.
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Leasing revenue jumped 13% year-over-year, and capital markets services were up 15%.
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There was also increased interest from lenders.
