Although terms were not disclosed, asking net lease rates at a neighboring property is $4.80 per sf.AMB Properties bought the property on two acres in 1997 for $23.4 million from Rreef USA Fund, according to property records.

Podolsky Northstar Realty Partners SVP Steven Tick represented ABC Supply Co. Tom Maher of Hamilton Partners handled negotiations for AMB Properties, which has a local office in Itasca.

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